Wesco Puts Up $550M For PE-Backed Haas Group

Law360, New York (January 31, 2014, 12:16 PM EST) -- Wesco Aircraft Holdings Inc., a California-based aerospace supply and logistics company, announced Thursday that it will acquire the private equity-backed Pennsylvania chemical services company Haas Group Inc. for $550 million in cash.

Wesco, which provides supply chain management services to the global aerospace industry, said in a statement that its acquisition of the Haas Group from investment funds affiliated with The Jordan Co. LP will help Wesco significantly expand its customer base.

Haas Group provides chemical supply chain management solutions to the commercial aerospace, airline, military,...
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