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New Deal


Announced

Completed

KKR-backed Atlantic Aviation completed the merger with KSL Capital-backed Ross 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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United States

Private Equity

Single Bidder

aviation services

Aerospace

Acquisition

Merger

Domestic

Majority

Private

Friendly

Completed

Synopsis

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KKR-backed Atlantic Aviation, a firm that manages a network of fixed-based operations providing services for general aviation aircraft owners and pilots, completed the merger with KSL Capital-backed Ross Aviation, an operator of a portfolio of fixed base operators. KSL Capital Partners joins KKR as a significant minority investor in the combined company. Financial terms were not disclosed. "Increased diversification will further position us as a leading operator of aviation infrastructure at a critical moment for our company as we invest in enhancements across our network to better serve our customers. Greater scale also enables us to accelerate our efforts on key priorities, including being at the forefront of technology and sustainability, and creates more opportunities for our employees," Louis T. Pepper, Atlantic Aviation CEO.

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