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Announced

Completed

ACS Group completed the investment in Skyports.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

Friendly

United Kingdom

air mobility infrastructure

drone delivery services

Airports

Acquisition

Cross Border

Majority

Single Bidder

Synopsis

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ACS Group, a company dedicated to civil engineering, construction and all types of services and telecommunications, completed the investment in Skyports, a provider of urban air mobility infrastructure and manages end-to-end drone delivery services. Financial terms were not disclosed. “With ACS backing, we are in the best possible position to advance commercial air taxi and electric drone services around the world. Investment from a world-class transport infrastructure leader serves as an endorsement of Skyports’ initiatives and underscores the immense potential of the market. Having ACS INFRA as a substantial shareholder in the company, together with their significant cash investment, puts Skyports in a market leading position, which will allow us to continue growing and enabling new aviation services,” Duncan Walker, Skyports CEO and Co-founder.

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