NEW YORK, July 13, 2026 – Proskauer advised Acorn Capital Management and its portfolio company Sentry Aerospares (“Sentry”) in connection with Sentry’s acquisition of AirStart Inc., a leading independent stocking distributor of rotable aircraft components with a strong focus on regional platforms and a recognized leader in the Canadian market.
The acquisition strengthens Sentry's position as a leading aviation aftermarket platform by expanding its inventory portfolio, broadening its customer relationships, and enhancing its capabilities within the regional aircraft market. The combination is expected to create significant commercial synergies through cross-selling opportunities, increased inventory availability, and a shared commitment to providing rapid, reliable solutions to customers worldwide.
This is the first significant acquisition by Sentry following Acorn's successful closing in June 2025 of a single-asset continuation fund, which is the majority owner of Sentry. The continuation fund, which Proskauer advised Acorn on, was formed for the purpose of not only providing a liquidity option to existing investors, but also to secure additional capital commitments from new investors to support Sentry’s global growth strategy.
Acorn Capital Management is a middle-market private fund manager focused exclusively on aerospace, defense, space, and intelligence. Sentry Aerospares is an award-winning company specializing in providing rotable spares support to airlines worldwide, headquartered in the UK with existing global hubs in London, the New York metro area, and Dallas.
The Proskauer team was led by partners Lauren Boglivi and Anya Hodes with associates Timothy Kim, Mark Kim, and Benjamin Ruvo (M&A). It also included partners Malcolm Hochenberg and Robert Gaut and associates Ziyu (Jessie) Lin and Emma McDonnell (Tax); senior counsel Katrine Magas (Compensation & Benefits); partner Nathan Lander (Litigation); senior counsel Judith Rubin and associate Anna Chan (TMT); and partner Mary Wilks and associate Calum Paton (Antitrust & Foreign Investment).
About Proskauer
Proskauer is an elite global law firm with more than 900 lawyers in key financial centers in the United States, Europe, South America, and Asia. Our clients include many of the world’s leading businesses, including asset managers, banks, listed corporations, and private companies. We have deep expertise in several of the fastest-growing and dynamic segments of the market, including sports, technology, life sciences, and health care. We represent hundreds of asset managers across a wide spectrum of sectors and strategies, including private equity, private credit, hedge, real assets, secondaries, and capital solutions.
Our premier M&A practice is distinguished by the combination of our transactional strength and deep sector knowledge. We are a destination firm for large-cap and middle-market deals with extensive expertise in the structural, cultural and procedural issues that are often at the center of complex, cross-border transactions. From London to New York, Paris to Los Angeles and across the globe, organizations turn to our lawyers for their most significant and transformative transactions. Our multi-disciplinary team offers actionable insights, sophisticated strategies and creative solutions that drive commercial success for our clients.