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New Deal


Announced

Wafra and NOVA Infrastructure to acquire Hawthorne Global Aviation Services for $115m.

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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airport management

Private Equity

Majority

Pending

United States

Private

Acquisition

aviation serives

Friendly

Transportation Services

Domestic

Synopsis

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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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