Avisoma and Triton Join Forces in Strategic Engine Acquisition
Deal News | Jan 09, 2025 | Triton Partners
Triton Debt Opportunities, the opportunistic credit branch of European investment firm Triton Partners, has formed a partnership with Avisoma to acquire CFM56-7B engines which were previously owned by FTAI Aviation Ltd. and Hangrun Tech. These engines will now be leased to MTU Maintenance Lease Services B.V. This acquisition is seen as a significant step for both Triton and Avisoma, enabling them to expand capacity and meet rising demand within the aviation sector. The terms of the deal remain undisclosed, but the partnership aligns with both companies' strategic goals in the industry and enhances their mission to provide leading solutions in engine leasing.
Sectors
- Aviation
- Private Equity
- Investment
Geography
- United Kingdom – Triton Partners has operations in London, making the UK a relevant geographic location.
- United Arab Emirates – Dubai is mentioned as a location in the press release, indicating relevance to the transaction.
Industry
- Aviation – The transaction involves the leasing of aircraft engines, which are crucial components in the aviation industry.
- Private Equity – Triton Partners, a private equity firm, is involved in the transaction through its debt opportunities division.
- Investment – The acquisition and leasing of engines represent an investment strategy by Triton and Avisoma to capitalize on market opportunities.
Financials
- Not Disclosed – The financial terms of the engine acquisition by Triton and Avisoma were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Triton Partners | Acquiring Company | Company | A European investment firm expanding its credit investments in the aviation sector. |
| Avisoma | Acquiring Company | Company | A leading provider of innovative engine leasing solutions. |
| FTAI Aviation Ltd. | Selling Company | Company | Previously owned the CFM56-7B engines sold in the transaction. |
| Hangrun Tech (HRT) | Selling Company | Company | Co-owner of the CFM56-7B engines involved in the transaction. |
| MTU Maintenance Lease Services B.V. | Leasing Company | Company | The company leasing the engines from Avisoma and Triton. |
| Chrysanth Herr | Partner | People | A partner at Triton Debt Opportunities who commented on the acquisition. |
| Marc Pronilow | Managing Partner | People | Managing Partner at Avisoma commenting on the strategic partnership. |
| Philipp Mintchin | Managing Partner | People | Managing Partner at Avisoma involved in the strategic partnership. |