AE Industrial Partners mulls York Space sale


York Space Systems' M-CLASS platform.

MIAMI: AE Industrial Partners, a Florida-based private equity firm, is considering a sale of York Space Systems that could value the satellite company at more than US$2bil, according to people familiar with the matter.

The buyout firm is working with an adviser to run an auction process for the company, said the people, who asked to not be identified because the details aren’t public.

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