Wesco Aircraft Holdings, Inc., a Carlyle-backed global provider of supply chain management solutions to the aerospace industry, announced terms for its IPO on Friday. The Valencia, CA-based company plans to raise $347 million by offering 21 million shares at a price range of $15.50 to $17.50. All shares will be sold by existing stockholders. At the mid-point of the proposed range, Wesco Aircraft Holdings, Inc. will command a market value of $1.5 billion. Wesco Aircraft Holdings, Inc., which was founded in 1953 and booked $695 million in sales for the 12 months ended March 31, 2011, plans to list on the NYSE under the symbol WAIR. Barclays Capital and Morgan Stanley are the lead underwriters on the deal, which is expected to price during the week of July 25.
