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Announced

Ascent Global Logistics to acquire Hageland Aviation Services.

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

Acquisition

aviation services

Majority

Aerospace

Domestic

Friendly

Private

Single Bidder

Pending

Synopsis

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Ascent Global Logistics, a transportation and supply chain solutions provider, agreed to acquire Hageland Aviation Services, an air service provider focused on travel within Alaska. Financial terms were not disclosed. "Rambler Air will provide a much-needed service to Alaskan communities and businesses. We enter Alaska with more than four decades of running USA Jet, a 121 and 135 certified airline, in the lower 48 states. We look forward to bringing our track record of safety, operational excellence and reliable service to Alaska," Tom Stenglein, Ascent Global Logistics President and CEO.

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