MIAMI – October 6, 2017 – Cassel Salpeter & Co., a middle-market investment banking firm providing financial advisory services, served as exclusive financial advisor and facilitated a growth capital financing for Diversified Aero Services, Inc. (“DASI”) by an undisclosed, global investment firm. The investment will enable DASI to expand its distribution platform and broaden its offerings.
Diversified Aero Services, Inc. is a leading global aircraft inventory solutions provider. For nearly 25 years, DASI has been providing comprehensive aircraft inventory support for airlines, MROs, OEMs, and distributors. DASI’s unique value proposition is exemplified by the magnitude and diversification of its inventory, combined with a focused commitment to speed, ease of use and customer service. Additionally, its e-commerce web store, which is unmatched in the industry, affords the scalability and integrated support to offer real solution flexibility and growth to its customers.
Based in Miami, Florida, with service centers in London and Singapore, DASI is a global partner, serving its customers’ parts and inventory needs in more than 140 countries. Additionally, DASI’s new Miami headquarters is a state-of-the-art, 250,000 sq. ft., warehouse and logistics center, with close proximity to Miami International Airport (“MIA”), the busiest air cargo hub in the Americas.
The Cassel Salpeter team, led by Director of Aviation Services Joseph “Joey” Smith, Vice President Marcus Wai, and Associate Laura Salpeter supported Diversified Aero Services, Inc. through the closing of the transaction. “We recognized that DASI was an institutional ready, high-growth company with a unique and defensible value proposition within the commercial aviation industry and were eager to get involved with a company of this caliber and support its next phase of growth,” Smith said. “We enjoyed working on this transaction, and believe that the creative deal structure was advantageous for all parties, and we look forward to our continued collaboration with DASI.”
Cassel Salpeter, with its headquarters in Miami, has experience providing clients in diverse industries with a range of advisory services including: mergers and acquisitions; equity and debt capital raises; fairness and solvency opinions; valuations; and restructurings, such as 363 sales and plans of reorganization.
Rhod Gibson, DASI’s President remarked, “We greatly appreciate Cassel Salpeter’s ability to understand our needs and assist us in all aspects of the marketing, negotiations, due-diligence, and legal documentation. We are confident that this will be a long and successful relationship for all parties.”
About Cassel Salpeter & Co.
Cassel Salpeter & Co., LLC is an independent investment banking firm that provides advice to middle market and emerging growth companies in the U.S. and worldwide. Together, the firm’s professionals have experience providing private and public companies with a broad spectrum of investment banking and financial advisory services, including: mergers and acquisitions; equity and debt capital raises; fairness and solvency opinions; valuations; and restructurings, such as 363 sales and plans of reorganization. Co-founded by James Cassel and Scott Salpeter, the firm provides objective, unbiased, results-focused services that clients need to achieve their goals. Personally involved at every stage of all engagements, the firm’s senior partners have forged relationships and completed hundreds of transactions and assignments nationwide. The firm’s headquarters are in Miami. Member FINRA and SIPC. More information is available at www.CasselSalpeter.com.
About Diversified Aero Services, Inc.
Diversified Aero Services, Inc. is a leading global aircraft inventory solutions provider. For nearly 25 years, DASI has been in the business of providing comprehensive aircraft inventory support for airlines, MROs, OEMs, and distributors. Headquartered in Miami, Florida, with service centers in London and Singapore, DASI is a truly global partner, serving customers’ parts and inventory needs in more than 140 countries. For more information, please visit www.dasi.com