If successful, the StandardAero $1B IPO would become the fourth IPO of 2024 to raise at least $1 billion, joining warehouse giant Lineage Inc., which raised $4.4 billion in July.
Market Outlook and Underwriters
StandardAero’s IPO is launching during a late-year resurgence in IPO activity, with several other companies, including natural gas producer BKV Corp., set to raise funds this week. Analysts expect a more robust IPO market in 2025, driven by potential interest rate cuts and political clarity following the U.S. presidential election.
Shares of StandardAero will trade on the New York Stock Exchange under the symbol “SARO.” J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and BofA Securities, Inc. are among the lead underwriters.