IPO - StandardAero, Inc.

Form Type: 424B4

Filing Date: 2025-05-22

Corporate Action: Ipo

Type: New

Accession Number: 000119312525125051

Filing Summary: StandardAero, Inc. is offering 30,000,000 shares of common stock, with a public offering price of $28.00 per share, for a total offering amount of $840 million. The underwriters will receive a discount of $0.70 per share, resulting in $21 million for the underwriting discount and approximately $819 million in proceeds before expenses to the selling stockholders. The selling stockholders include affiliates of The Carlyle Group and GIC Private Limited. After this offering, StandardAero will no longer be classified as a 'controlled company' under NYSE corporate governance standards, although Carlyle will maintain significant influence. The expected date for the delivery of shares is May 23, 2025. As of March 31, 2025, StandardAero employed 7,800 individuals across over 50 global facilities and had planned substantial expansions in their service capabilities, notably with the LEAP engine platforms. In the fiscal year ended December 31, 2024, the company reported revenues of $5.24 billion and a net income of $11 million. This IPO follows the completed March Secondary Offering of 36 million shares. StandardAero's diversified business model and substantial investments position it for significant future growth.

Form Type: S-1/A

Filing Date: 2025-05-20

Corporate Action: Ipo

Type: Update

Accession Number: 000119312525123087

Filing Summary: StandardAero, Inc., now a registered corporation under Delaware law, has filed an amendment to its registration statement on Form S-1 as of May 20, 2025. The company is offering 30,000,000 shares of common stock for sale by the selling stockholders, comprised of Carlyle Partners VII and GIC Private Limited. Common stock will trade on the NYSE under the symbol 'SARO'. The closing price of the common stock as of May 19, 2025, was $29.93 per share. After this offering, StandardAero will not be classified as a 'controlled company' by NYSE standards but Carlyle will still have significant influence over corporate decisions. The document outlines that this IPO is a significant move for the company, showcasing the growing demand for aerospace engine maintenance services, supported by substantial contractual agreements that provide predictable revenues. StandardAero’s revenues, diverse across commercial, military, and business aviation sectors, totaled $5.237 billion in 2024, indicating robust growth and operational success. The company emphasizes its independent status in the marketplace, aligning with major original equipment manufacturers (OEMs) while retaining its autonomy.

Form Type: 424A

Filing Date: 2025-05-19

Corporate Action: Ipo

Type: New

Accession Number: 000119312525122548

Filing Summary: StandardAero, Inc. is conducting an initial public offering (IPO) by offering 30,000,000 shares of common stock, trading under the symbol 'SARO' on the NYSE. The offering proceeds will benefit the selling stockholders, who include affiliates of The Carlyle Group Inc. and GIC Private Limited. The company will cease to be classified as a 'controlled company' under NYSE standards following the offering, although Carlyle will retain considerable influence despite the transition. Risks associated with the offering include market conditions and specific industry pressures affecting the aerospace sector. The document outlines financial metrics, including a recent stock price of $29.95, underwriting details, and the company's operational background stating strength in the aerospace engine aftermarket service sector. Key stakeholders are Carlyle, with significant voting power, and GIC, a global investment firm. The company emphasizes diversification and resilience in its revenue streams, addressing potential risks from supply chain disruptions, competition, and regulatory compliance.

Form Type: S-1

Filing Date: 2025-05-19

Corporate Action: Ipo

Type: New

Accession Number: 000119312525122472

Filing Summary: StandardAero, Inc. filed a registration statement with the SEC on May 19, 2025, to offer up to 221,637,524 shares of its common stock by selling stockholders. The registration is part of a continuous offering process, allowing selling stockholders to sell shares through underwriters or agents at various prices. The company's common stock is traded on the NYSE under the symbol 'SARO'. As of May 16, 2025, the closing price was $29.95. StandardAero is positioned as a leading independent provider of aerospace engine aftermarket services, serving commercial, military, and business aviation industries, with a diverse revenue base and a dominant market position across notable engine platforms. The company reported a revenue increase of 14.8% in 2024 and substantial gains in net income and adjusted EBITDA. The filing notes that Carlyle controls major decisions due to its majority ownership and nominates directors due to a Stockholders Agreement. The firm has a total indebtedness of $2,373.8 million as of March 31, 2025.

Form Type: DRS

Filing Date: 2025-05-15

Corporate Action: Ipo

Type: New

Accession Number: 000095012325005760

Filing Summary: On May 15, 2025, StandardAero, Inc. submitted a draft registration statement on Form S-1 to the SEC for the proposed resale of shares of common stock by its selling stockholders, following its initial public offering that occurred on October 2, 2024, at a price of $24.00 per share. The document outlines that the company is a leader in the aerospace engine aftermarket sector, providing maintenance, repair, and overhaul services. It emphasizes the company's significant market presence, with a highly diversified revenue stream across commercial, military, and business aviation sectors. Details regarding the company's operational strategy, customer relationships, and risk factors are also included, reflecting its strong commitment to safety, reliability, and service excellence. StandardAero operates with OEM licenses and authorizations on over 40 key engine platforms, which supports its competitive positioning in the industry. Financial details, risk factors, and market data are highlighted, underscoring the company's readiness for public trading.

Form Type: CORRESP

Filing Date: 2025-03-24

Corporate Action: Ipo

Type: New

Accession Number: 000119312525060867

Filing Summary: StandardAero, Inc. has filed a Registration Statement on Form S-1 with the Securities and Exchange Commission on March 24, 2025, seeking to accelerate the effective date of the registration to 5:00 p.m. Washington D.C. time on March 25, 2025. This request is made under Rule 461 of the Securities Act of 1933, to facilitate timely market entry. The company is represented by Latham & Watkins LLP, with requests for notification concerning the effectiveness directed to Jason Licht or Christopher Bezeg from the firm. This document indicates a push for the company's initial public offering as they aim to finalize preparations with several underwriters who have committed to ensure adequate distribution of the preliminary prospectus to investors.

Form Type: S-1

Filing Date: 2025-03-24

Corporate Action: Ipo

Type: New

Accession Number: 000119312525060848

Filing Summary: StandardAero, Inc. is filing a Form S-1 registration statement for its initial public offering (IPO) of 30,000,000 shares of common stock, trading under the symbol 'SARO' on the NYSE. The prospectus indicates a public offering price of $24.00 per share. The selling stockholders include affiliates of The Carlyle Group Inc. and GIC Private Limited. The document outlines that as of March 21, 2025, the closing price of the stock was $28.59. The company aims to raise investor capital through this offering and signals a significant shift in its status since its name change from Dynasty Parent Co., Inc. to StandardAero, Inc. in September 2024. The filing suggests a robust growth strategy, leveraging existing relationships with major OEMs and showcasing strong financial performance with a revenue increase from $4,563.3 million in 2023 to $5,237.2 million in 2024.

Form Type: DRS

Filing Date: 2025-03-14

Corporate Action: Ipo

Type: New

Accession Number: 000095012325003077

Filing Summary: StandardAero, Inc. is filing a confidential draft registration statement with the Securities and Exchange Commission (SEC) as of March 14, 2025, to initiate an initial public offering (IPO) of its common stock. The location of the company is Scottsdale, Arizona, and it operates as a provider of aftermarket aerospace engine services, catering primarily to commercial aerospace, military, and business aviation markets. This offering will feature shares currently held by selling stockholders including affiliates of The Carlyle Group Inc. and GIC Private Limited. The details regarding the public offering price, underwriting discounts, and total proceeds have yet to be finalized. The closing price of the common stock traded on the NYSE under the symbol 'SARO' on a nearby date was also not disclosed in this filing, suggesting that the information is pending and would be established closer to the effective date of the registration.