Turning Rock Partners Forms Strategic Alliance with AerFin for Airbus Financing

In an exciting development from the world of aviation finance, Turning Rock Partners (TRP), based in New York, has announced a landmark asset-backed financing deal with AerFin Limited. This partnership involves the acquisition of three Airbus A320neo airframes, marking a significant milestone in TRP's investment strategy that emphasizes tangible asset-backed investments.

A Strategic Move

TRP is recognized for its proactive approach within the asset-heavy sectors. Sha Khoja, the Head of Credit at Turning Rock, expressed enthusiasm about the collaboration with AerFin, stating, "We’re excited to partner with AerFin on this transaction which demonstrates Turning Rock's ability to originate, and structure differentiated investments backed by tangible assets." This partnership accentuates TRP's pursuit of capital inefficiencies and market dislocations that create lucrative entry points for investment.

Through this transaction, the acquired Airbus A320neo airframes will be integrated into an innovative revenue pooling arrangement led by AerFin. This model allows for enhanced management of the teardown, maintenance, and distribution processes of aircraft parts, driving operational efficiency in the aviation sector.

AerFin's Expertise

AerFin Limited stands out as a global leader in aftermarket solutions for aircraft and engine parts. Simon Goodson, the CEO of AerFin, remarked on the partnership's significance, highlighting the confidence investors place in AerFin's capability to unlock value from next-generation aviation assets like the A320neo. He emphasized, "Our technical expertise and proven track record in strategic asset monetization enable us to deliver efficient, sustainable solutions that unlock value and create long-term benefits for our partners."

The deal not only demonstrates TRP’s financial acumen but also showcases AerFin’s commitment to maximizing asset value, ensuring that the investment benefits all stakeholders involved in the aviation lifecycle.

Support from Industry Leaders

The transaction received robust support from various industry players. ORIX Aviation played a crucial role as a transaction advisor while providing essential technical inspection services to Turning Rock. Holland & Knight served as legal counsel, ensuring that all regulatory and compliance considerations were met. Meanwhile, Deloitte contributed its accounting and tax expertise, confirming the financial viability of the deal.

This strategic alignment underlines the growing trend in the aviation sector toward collaborative partnerships that drive innovation and efficiency through resource-sharing and expertise utilization.

About Turning Rock Partners

Established in New York, Turning Rock Partners is a private investment firm that specializes in debt, equity, and hybrid investments within the lower-middle market sector. Their focus on direct investments allows them to identify unique opportunities and cater to the evolving needs of businesses across North America.

To learn more about Turning Rock Partners, please visit their official website at www.turningrockpartners.com or reach out to their investor relations team at [email protected].

About AerFin

AerFin is revolutionizing the aviation industry by engaging in the buying, selling, leasing, and repairing of aircraft, engines, and parts. Their aim is to maximize value for owners while providing cost-effective material supply to airlines, lessors, and MRO customers. With operational hubs strategically located in Europe, Asia-Pacific, and the Americas, AerFin is well-positioned to deliver high-quality solutions tailored to the demands of a dynamic market.

As the aviation landscape continues to evolve, partnerships such as the one between Turning Rock and AerFin signal a forward-thinking approach, combining financial expertise with operational excellence to foster a sustainable aviation economy.