Agreement signedPublished 28 Sep 2026

AAR /
MRO Holdings

AAR agrees to buy a 65% controlling stake in MRO Holdings

Buy side: AAR
Buy sideAAR
Target: MRO Holdings
TargetMRO Holdings
AAR CORP. · 28 Sep 2026Source
Buy side: AAR
Buy sideAAR
Target: MRO Holdings
TargetMRO Holdings
01 / BuyerAAR
02 / TargetMRO Holdings
Source for the buyer and target: AAR CORP.

For the buyer and target.

“WOOD DALE, Illinois — September 28, 2026 — AAR CORP. (NYSE: AIR) (the “Company” or “AAR”), a leading Parts, Repair, and Software platform in the aviation aftermarket, today announced it has entered into a definitive agreement to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion.”

Published 28 Sep 2026

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01

What happened

AAR signed a definitive agreement to acquire a 65% controlling interest in MRO Holdings, an aircraft heavy-maintenance provider with facilities in El Salvador, Mexico, Colombia and the United States, at an implied enterprise value of $4.0 billion. [01]

Bain Capital has been a significant minority shareholder in MRO Holdings. AAR has options on the remaining 35%. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · AAR CORP.

AAR agrees to buy a 65% controlling stake in MRO Holdings

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by AAR CORP.

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Deal Web

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Deal Web · 2 firms · 0 peopleHover a name to see how it connects
This dealAAR / MRO HoldingsAgreement signed · Published 28 Sep 2026
BuyerAARTargetMRO Holdings
This dealAAR / MRO Holdings

Agreement signed · AAR agreed to acquire MRO Holdings (Agreement signed, published 28 Sep 2026).

Published 28 Sep 2026
Timeline
  1. Published by AAR CORP.
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Deal Web as a list
  • AAR (Buyer) agreed to acquire this deal. AAR: 1 deal on Carrywatch.
  • MRO Holdings (Target) target this deal. MRO Holdings: 1 deal on Carrywatch.