- Founded in 1988, B&H Worldwide is a specialist provider of time-critical logistics and warehousing services for the aviation and aerospace industry;
- Sun European Partners LLP is a global private equity firm focused on partnering with outstanding management teams to accelerate value creation via buy & build growth, aided by in-house operational and investment resources
- The loan will support Sun European Partners’ acquisition of the business and support future growth initiatives via an ambitious M&A program;
- Global fleets are expected to double by 2042, with c.800 aircrafts set to retire or face teardown over the next decade, increasing the demand for specialist aero-focused logistics providers.
London, 26 March 2026; OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has participated in a club loan to support Sun European Partners’ acquisition of B&H Worldwide, a specialist provider of time-critical logistics and warehousing services for the global aviation and aerospace industry.
Founded in 1988, B&H Worldwide provides mission-critical logistics services to airlines, original equipment manufacturers (OEMs), and maintenance, repair, and overhaul (MRO) providers, supporting the movement of aircraft engines, components, spare parts and consumables across the globe. The business specialises in Aircraft on Ground (AOG) logistics, including highly time-sensitive shipments where rapid delivery of replacement parts is essential to minimise aircraft downtime. Operating across multiple international locations, B&H combines a global network of logistics partners with strategically located warehouse facilities to provide end-to-end supply chain solutions to the aerospace sector.
Sun European Partners LLP, a leading private equity firm focused on partnering with outstanding management teams to accelerate value creation, will support B&H’s next phase of growth, following the club loan, including investment in its global platform and pursuing M&A opportunities in the fragmented specialty logistics market.
Gabriel Danielachvili, Principal at Sun European Partners, said: “B&H Worldwide is a highly differentiated business operating in a mission-critical segment of the aviation and aerospace supply chain. Working closely with Stuart and the OakNorth team, they demonstrated a strong understanding of private equity-backed transactions and a clear track record of supporting leading global sponsors. They were highly responsive throughout the process, speaking our language and moving quickly when needed, while also remaining flexible and solutions-oriented as the deal evolved. Their collaborative approach made them a valuable partner in delivering this transaction, and we look forward to working together again in the future.”
Stuart Blair, Senior Director of Debt Finance at OakNorth, added: “The aviation sector continues to benefit from strong structural demand, with global fleets expected to double by 2042 and around 800 aircraft set to retire or undergo teardown over the next decade, increasing the need for specialist logistics services to support maintenance, repair and parts supply. B&H Worldwide has built an excellent reputation in this niche segment, providing time-critical logistics solutions to aviation customers globally. We’re delighted to support Sun European Partners on the acquisition and look forward to backing the business as it continues to grow.”
Notes to editors
About OakNorth Bank plc
Launched in September 2015, OakNorth is the bank for entrepreneurs, by entrepreneurs. It was founded to address the persistent funding gap facing lower mid-market businesses – a segment that accounts for a significant share of economic output yet remains underserved by traditional banks.
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