Combination with AerSale Corporation
Cowen is pleased to announce that Monocle Acquisition Corporation, a public investment vehicle, and AerSale Corp., a leading integrated, global provider of aviation aftermarket products and services, have entered into a definitive agreement to merge in a transaction with an implied enterprise value of approximately $430 million, equating to approximately 6.3x AerSale’s forecasted 2020 Adjusted EBITDA.