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Announced

Completed

Porter Aviation Holdings and Macquarie Asset Management formed a joint venture.

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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Canada

airport terminal construction

Airports

Joint Venture

Majority

Cross Border

Private

Completed

Friendly

Single Bidder

Private Equity

Synopsis

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Porter Aviation Holdings, a provider of commercial and regional air transportation services and terminal, hangar, and office spaces, and Macquarie Asset Management, an Australian global financial services group, formed a joint venture. Financial terms were not disclosed. “MAM and PCL are well-positioned as partners to develop a state-of-the-art passenger terminal at Saint-Hubert. These relationships further strengthen the project and will result in a distinct terminal where passengers will genuinely enjoy their experience,” Michael Deluce, PAHI president and CEO.

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