Announced
Financials
Sources
Tags
airport management
Private Equity
Majority
Pending
United States
Private
Acquisition
aviation serives
Friendly
Transportation Services
Domestic
Synopsis
Wafra, a global alternative investment manager, and NOVA Infrastructure, an infrastructure investment firm, agreed to acquire Hawthorne Global Aviation Services, a provider of general aviation and airport management services, for $115m. “We believe Hawthorne's existing locations form a leading, multi-region FBO network, and with NOVA and Wafra's support, we look forward to expanding our footprint to serve a greater portion of the aviation industry,” Chuck Kegley, Hawthorne CEO.
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