• AAR will acquire a 65% controlling stake in MRO Holdings at an implied enterprise value of $4 billion.
• Financing combines new debt with approximately $780 million in equity for sellers and about $230 million through a PIPE transaction.
• The acquisition is expected to close in the fiscal third quarter ending February 2027.
• Expected annual cost synergies total approximately $75 million, with full realization targeted by May 2030.
• The deal would increase pro forma adjusted EBITDA margin to about 16% from roughly 12%, before synergies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AAR Corporation published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.