Renaissance Capital logo

StandardAero Priced, NYSE: SARO

Provider of aerospace engine aftermarket services.

Industry: Industrials

Latest Trade: $25.40 0.00 (0.0%)

First Day Return: +36.5%

Return from IPO: +5.8%

Industry: Industrials

We believe that we are the world’s largest independent, pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military and business aviation end markets. We provide a comprehensive suite of critical, value-added aftermarket solutions, including scheduled and unscheduled engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. We serve a crucial role in the engine aftermarket value chain, connecting engine OEMs with aircraft operators through our aftermarket services, maintaining longstanding relationships with both. We command a leading reputation that is based upon our strong track record of safety, reliability and operational performance built over our more than 100 years of successful operations in the aerospace aftermarket.
more less
IPO Data
IPO File Date 09/06/2024
Offer Price $24.00
Price Range $20.00 - $23.00
Offer Shares (mm) 60.0
Deal Size ($mm) $1,440
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/01/2024
Offer Price $24.00
Price Range $20.00 - $23.00
Offer Shares (mm) 60.0
Deal Size ($mm) $1,440
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Morgan Stanley
more
Company Data
Headquarters Scottsdale, AZ, United States
Founded 1911
Employees at IPO 7,300
Website www.standardaero.com

StandardAero (SARO) Performance