Hello, Guest!
  • Friday, November 22, 2024

Carlyle Group Closes StandardAero Purchase; Ramzi Musallam Quoted


The Carlyle Group has completed its acquisition of aircraft maintenance, repair and overhaul services provider StandardAero from Veritas Capital for an undisclosed amount.

The deal was first announced in December 2018.

Ramzi Musallam

Ramzi Musallam, CEO and managing partner of Veritas Capital and a 2019 Wash100 winner, said Veritas has played a key role in the growth and performance of StandardAero and that he believes the aviation services company is “well-positioned” to sustain its momentum.

StandardAero has more than 6K personnel who work at sales offices and provide field services worldwide.

Video of the Day

Related Articles

Guidehouse CEO Scott McIntyre Recognized With 8th Consecutive Wash100 Award News

Guidehouse CEO Scott McIntyre Recognized With 8th Consecutive Wash100 Award

Executive Mosaic is pleased to introduce Scott McIntyre, CEO of Guidehouse, as an inductee into the 2024 edition of the Wash100 Award in recognition of his continued leadership and commitment to pursuing business excellence in the government contracting industry. Vote for McIntyre as your favorite GovCon leader as part of the 2024 Wash100 popular vote

Veritas Capital’s Ramzi Musallam Earns Rare 9th Consecutive Wash100 Award News

Veritas Capital’s Ramzi Musallam Earns Rare 9th Consecutive Wash100 Award

Ramzi Musallam, CEO and managing partner of Veritas Capital, has earned the coveted 2024 Wash100 Award for his continued exceptional leadership of one of the most influential investment firms within the government contracting industry and for his unwavering commitment to supporting government missions in national security, healthcare and education. Vote for Ramzi Musallam as your favorite

Cubic Chairman Mac Curtis Lands 8th Wash100 for Driving Digital Intelligence Tech, Analytics Adoption News

Cubic Chairman Mac Curtis Lands 8th Wash100 for Driving Digital Intelligence Tech, Analytics Adoption

Executive Mosaic is honored to recognize Mac Curtis, chairman of the board at defense and transportation company Cubic, as a 2024 Wash100 Award recipient for driving the adoption of digital intelligence business platforms and analytics to address near-pear challenges. Vote for Curtis as your favorite GovCon leader as part of the 2024 Wash100 popular vote competition! Voting