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New Deal


Announced

Completed

Wheels Up completed the acquisition of Gama Aviation.

Financials

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Transaction Value£105m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Friendly

aviation serives

Majority

Acquisition

Single Bidder

Aerospace

Completed

Synopsis

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Wheels Up, a brand in private aviation, completed the acquisition of Gama Aviation, a private aviation services company that provides aircraft management, private jet charter, and ancillary support for its managed aircraft. "This transaction supports our long-term vision for the future of Wheels Up, and as we continue to build the fleet and offer aircraft management services, we are uniquely positioned in the market with a full ecosystem for all private aviation needs. We welcome Gama and their pilots into our Wheels Up family as a natural step based on the successful history of our two companies," Kenny Dichter, Wheels Up Founder and CEO.

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