Davis Polk advised Barclays Capital Inc. and J.P. Morgan Securities LLC as representatives of the several underwriters in connection with the secondary offering of 17,250,000 shares of common stock of Wesco Aircraft Holdings, Inc. sold by a selling stockholder, an affiliate of the Carlyle Group, for an aggregate price to the public of $276 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 500,000 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 1,200 employees across 42 locations in 12 countries.
The Davis Polk corporate team included partners John G. Crowley and associates Sophia Hudson, Shane Tintle and Jeffrey Brenner. Counsel Loyti Cheng and associate Amy E. Turner provided environmental advice. Partner Samuel Dimon and associate Joseph Pahl provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the New York office.
