.
MergerLinks Header Logo

Announced

Completed

BlackRock and Knighthead Capital led a $200m Series B funding round in Breeze Airways.

Financials

Edit Data
Transaction Value£145m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Completed

Friendly

Venture Capital

Private Equity

Airlines

Acquisition

Domestic

airline services

United States

Private

Minority

Synopsis

Edit

BlackRock and Knighthead Capital led a $200m Series B funding round in Breeze Airways, a provider of airline services intended to make the travel experience better for passengers. Other investors include Peterson Partners and Sandlot Partners. “Welcoming funds and accounts managed by BlackRock and Knighthead and additional funding from our existing investors further validates our business strategy to offer new nonstop flights at reduced fares between smaller cities where the Guest’s only choice today is a lengthy connecting flight through a large hub airport,” David Neeleman, Breeze Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US