Announced

Basalt Infrastructure Partners to acquire Unilode Aviation Solutions from EQT.

Synopsis

Basalt Infrastructure Partners, a private equity firm, to acquire Unilode Aviation Solutions, a fleet management and equipment services provider, from EQT. Financial terms were not disclosed. “We are very excited at the opportunity to acquire Unilode, and believe that it is a great addition to Basalt III. It will provide complementary diversification to the rest of the portfolio underpinned by its strong contracted revenues but with further growth opportunities. We recognise the key role that the company plays in assisting its customers drive efficiency and reduce their carbon footprint and we look forward to supporting the management team in continuing to deliver its core operational and sustainable service," John Hanna, Basalt Co-Head of Europe.

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