# Monocle Acquisition and AerSale announce business combination

Monocle Acquisition Corporation and AerSale Corp. entered into a definitive agreement to merge, with an implied enterprise value of approximately $430 million. The combined company will be named AerSale Corporation and publicly traded on Nasdaq.

- Type: Acquisition
- Announced: 2019-12-09
- Where: Coral Gables, Florida, United States
- Value: $430.0M
- Status: announced
- Products: aftermarket aircraft, spare engines, flight equipment, MRO services, used serviceable material
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [AerSale](https://endata.com/companies/34522.md) (target)
- [Monocle Acquisition Corporation](https://endata.com/companies/43798.md) (acquirer)

## Sources

- [aviator.aero](https://aviator.aero/press/monocle-acquisition-and-aersale-announce-business-combination), 2019-12-09: "Monocle Acquisition Corporation and AerSale Corp. today announced that they have entered into a definitive agreement to merge in a transaction with an implied enterprise value of approximately $430 million"
- [defence-industries.com](https://www.defence-industries.com/pressreleases/monocle-acquisition-and-aersale-announce-business-combination), 2019-12-09: "The combined company, which will be named AerSale Corporation, will be publicly traded on the Nasdaq Stock Market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.