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Announced

Completed

Wheels Up completed the acquisition of Mountain Aviation.

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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Domestic

Aerospace

Majority

Completed

aircraft leasing

United States

Acquisition

Private

Friendly

aircraft asset management

aircraft management

Single Bidder

Synopsis

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Wheels Up, an aviation company, completed the acquisition of Mountain Aviation, a flight management services provider. Financial terms were not disclosed. "This is an exciting day for all of us at Mountain Aviation. We are proud of what we've built and thrilled to join Kenny and the Wheels Up team to continue to expand and grow. It's remarkable to see how Wheels Up, with their vision to democratize, digitize, and disrupt, is transforming the industry," Gregg Fahrenbruch, Mountain Aviation CEO.

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