CarVal Investors Acquire 90% of Aergo Capital

“This partnership marks the beginning of the next chapter in Aergo’s success. We are very excited about the opportunity it brings to grow and expand the business model into newer, more-modern aircraft,” said CEO Fred Browne he said. “Aergo look forward to working with CarVal Investors to build a strategic partnership that will build on the firm’s strength and track record and Aergo’s proven expertise in managing mid-life aircraft.”

“The acquisition of Aergo offers a compelling and strategic solution to maximise and monetise value in existing and future aircraft investments from acquisition to disposition,” said Justin Bradburn, Managing Director for CarVal Investors. “Aergo allows us to strategically approach what we believe is going to be a dynamic market.”

https://www.aviationnews-online.com/editorial-comment/carval-acquires-stake-in-aergo/
https://www.irishtimes.com/business/transport-and-tourism/investment-firm-takes-stake-in-denis-o-brien-s-aergo-1.1949300