Davis Polk – Wesco Aircraft Holdings, Inc. Initial Public Offering

Davis Polk advised Barclays Capital Inc., Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and William Blair & Company, L.L.C. as joint book-running managers in connection with the initial public offering of 21,000,000 shares of common stock of Wesco Aircraft Holdings, Inc. sold by certain selling stockholders for an aggregate price to the public of $315 million. Wesco Aircraft’s common stock is traded on the New York Stock Exchange under the symbol “WAIR.”

Based in Valencia, California, Wesco Aircraft is one of the world’s largest distributors and providers of comprehensive supply chain management services to the global aerospace industry, offering the world’s broadest inventory of aerospace parts, comprised of approximately 450,000 different stock keeping units, including hardware, bearings, tools, electronic components and machined parts. The company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. Wesco Aircraft has more than 1,000 employees across 28 locations in 10 countries. 
The Davis Polk corporate team included partner Michael Kaplan, associates Sophia Hudson and Nicholas J. Dashman and former associate Caroline J. Perry. Counsel Loyti Cheng and associate Adam Riedel provided environmental advice. Partner Rachel D. Kleinberg provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. Jack S. Keating was the legal assistant on the transaction. Members of the Davis Polk team are based in the New York and Menlo Park offices.