Commercial law firm Hill Dickinson has advised Irish company EirTrade Aviation and its private equity investor, Acorn Capital Management, on the successful closing of new credit facilities with Wells Fargo and Blazehill Capital.
Dublin-headquartered EirTrade is a global aviation asset management and trading company with facilities/representation across Europe, the United States and Asia. The company works with lessors, airlines and operators worldwide to buy, sell and manage the onward supply chain for high value components post-disassembly of assets.
The refinancing of the company will allow EirTrade to continue to invest in a growing portfolio of aviation assets and underpin its strategic growth objectives.
Hill Dickinson’s Banking team provided legal advice to EirTrade and Acorn on the refinance, led by legal director Emma Johnston, assisted by Alasdair Mackinnon (partner). The Birmingham based Corporate team advised on the corporate and investment aspects of the deal, led by Matt Smith (legal director) and assisted by Alexandra Bloomer (associate).
We very much enjoyed the process of working alongside the team from EirTrade and Acorn to successfully get this deal across the line. The refinancing of the company gives EirTrade the ability to accelerate its strategic growth plans in a market that offers huge potential for growth.Matt Smith
Legal Director at Hill Dickinson
Commenting on the successful conclusion of the deal, Matt Smith said: “We very much enjoyed the process of working alongside the team from EirTrade and Acorn to successfully get this deal across the line. The refinancing of the company gives EirTrade the ability to accelerate its strategic growth plans in a market that offers huge potential for growth.”