Wesco Aircraft Holdings Inc.

Wesco Aircraft Holdings Inc. stockholders voted to approve the merger with an affiliate of Platinum Equity, with Wesco Aircraft stockholders receiving $11.05 per share in cash. The merger is expected to close by end of 2019.

Platinum Equity Partners agreed to acquire Wesco Aircraft Holdings Inc. for $1.9 billion, combining it with Pattonair, a Platinum Equity-owned supply chain management services company. Wesco shareholders will receive $11.05 per share in cash.

Wesco Aircraft announced it has struck a deal to be acquired by new private equity investors for almost $2 billion. The transaction is expected to close by year-end 2019.

Wesco Aircraft Holdings Inc., a distributor and supply chain manager for the aerospace industry, has agreed to be acquired by an affiliate of Platinum Equity in a transaction valued at approximately US$1.9 billion.