XCLS Partners advises Salt River Aviation in its recapitalisation by Weinberg Capital

Middle market investment bank XLCS Partners has served as exclusive advisor to Salt River Aviation in its recapitalisation by Weinberg Capital Group. The transaction, completed in December 2023, was led by XLCS partner Joe Contaldo and associate Reed McMahon. “As XLCS continues to strengthen its coverage of the global aerospace industry, we are seeing exciting things across the MRO and USM (used serviceable material) landscape, including increased private equity interest in USM businesses,” commented Contaldo. Arizona-based Salt River Aviation specialises in the provision of auxiliary power units (APUs), APU teardown and disassembly services, APU subcomponents and other airframe components for