Varagon Capital Partners has provided a credit facility to back AE Industrial Partners’ acquisition of AIM MRO. No financial terms were disclosed. Based in Miamiville, Ohio, AIM MRO is a maker of consumable repair products and materials used primarily in the aerospace engine aftermarket.
New York, NY, December 5, 2019 – Varagon Capital Partners (Varagon) today announced it is serving as Administrative Agent, Lead Arranger and Bookrunner on a senior secured credit facility to support the acquisition of AIM MRO by AE Industrial Partners, LP (“AEI”).
Headquartered in Miamiville, OH, AIM MRO is a leading manufacturer and supply chain manager of highly engineered consumable repair products and materials used primarily in the aerospace engine aftermarket.
“We are excited to partner with AE Industrial in its acquisition of AIM MRO” said Keith Carter, Managing Director for Varagon, “We look forward to supporting management and AEI as they continue to grow the business.”
About AE Industrial Partners
AE Industrial Partners is a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from its deep industry knowledge, operating experience and relationships throughout its target markets.
Learn more at www.aeroequity.com
About Varagon Capital Partners
Varagon is a leading lender to middle market companies and private equity firms. Varagon invests across the capital structure and delivers flexible financing solutions that meet the needs of our private equity partners. Since inception, Varagon has made over $12.4 billion of investment commitments to over 150 middle market companies.
For more information about Varagon, visit www.varagon.com.