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New Deal


Announced

Completed

Skyservice Business Aviation completed the acquisition of fixed-based operators in Miami Opa-Locka and Fort Lauderdale-Hollywood Airports from Fontainebleau 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

Fixed-based operator

Acquisition

Aerospace

Friendly

Single Bidder

Private

Domestic

Majority

Completed

Synopsis

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Skyservice Business Aviation, a company performing all types of maintenance, repair and overhaul services as well as avionics installation and servicing on a wide range of aircraft, completed the acquisition of fixed-based operators in Miami Opa-Locka and Fort Lauderdale-Hollywood Airports from Fontainebleau Aviation, a company that provides fuel services, onsite customs support, aircraft maintenance, and detail. Financial terms were not disclosed. "This is an exciting milestone for Skyservice as we extend our footprint and renowned capabilities to Florida, which has always been a top destination for our customers. Fontainebleau is an iconic brand that aligns perfectly with our values of service excellence, safety and exceptional amenities. We are differentiated by our world-class service offering across all business lines and our proven ability to deliver bespoke solutions to a highly discerning customer base as demand for private aviation travel in North America continues to grow. We are delighted to partner with Fontainebleau Aviation, which shares our commitment to continuously innovating and elevating our clients' experience above and beyond in Miami, Fort Lauderdale and potentially new premier locations together in the future," Benjamin Murray, Skyservice President and CEO.

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