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Announced

Completed

Boeing completed the acquisition of ForeFlight from Silver Lake Sumeru.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

aviation software

Software

Private

Completed

software development

Single Bidder

Majority

Acquisition

Friendly

Synopsis

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Boeing, an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide, completed the acquisition of ForeFlight, a provider of innovative mobile and web-based aviation applications from Silver Lake Sumeru. Financial terms were not disclosed. "We are inspired by the future built at Boeing and what our teams will be able to create by coming together. Our companies share a passion for delivering customers the essential tools that drive efficiency, productivity, and safety," Tyson Weihs, ForeFlight co-founder and CEO.

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