Davis Polk advised Barclays Capital Inc. as underwriter in connection with the secondary offering of 1,800,000 shares of common stock of Wesco Aircraft Holdings, Inc. sold by certain selling stockholders for an aggregate price to the public of $24.57 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 44 locations in 12 countries.

The Davis Polk corporate team included partner Michael Kaplan and associates Sophia Hudson and Alexa Taylor. Counsel Loyti Cheng and associate Amy E. Turner provided environmental advice. Partner Rachel D. Kleinberg, associate Juelle Gomes and law clerk Ankur Dalal provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. Sorina Delia Lazar was the legal assistant on the transaction. Members of the Davis Polk team are based in the New York and Menlo Park offices.



Related Posts:

Leave a Reply