July 2023 – The firm represented leading global aircraft inventory solutions provider DASI in the sale of 50% of the outstanding ownership of DASI, LLC to Marubeni Corporation, a publicly traded Japanese company that is one of the world’s largest trading and investment conglomerates, and related joint venture arrangements. The transaction saw minority investor Fortress Investment Group exit its investment in DASI.

The acquisition, terms of which were not disclosed, allows Marubeni to expand opportunities and accelerate growth in the aviation parts inventory space and will strengthen both companies’ value proposition, offering a more robust level of customer service. HHR’s work is a testament to the firm’s expertise in both the aviation and private equity sectors.

“We are proud of the growth DASI has achieved over the past six years and want to extend our thanks to the Fortress team that has been such a valuable and supportive partner during this period. We are confident that Marubeni’s investment will take the company to new heights,” said John Dziuba, CEO and founder of DASI, LLC. “We look forward to partnering with the Marubeni team to continue to bring premier, cost-effective aircraft inventory solutions to our customers around the world.”

Gerold Niggemann led the Hughes Hubbard team, which included Devon Pope, Gabrielle Gorelik, Andy Braiterman, Charlie Wachsstock, Amina Hassan, Emilio Saiz, Erin DeCecchis, Kristin Millay, Carol Remy, Justin Cohen, Ryan Corn, John Hannon, Sean Murphy, Travis Henry-Reid, Jason Lee and Jonathan Zygielbaum.

Read the full press release.