Apollo Global Management Acquires Atlantic Aviation For $10 Billion With GIC's Investment
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See Similar DealsApollo Global Management Acquires Atlantic Aviation For $10 Billion With GIC's Investment
Summary
Apollo Global Management is finalizing a deal valued at nearly $10 billion to acquire Atlantic Aviation from KKR. Singapore’s GIC is joining the transaction to purchase a majority stake, while KKR retains a significant interest in the company. The deal is expected to involve limited new debt as existing financing will carry over to the new ownership.
Summary of transaction details:
- Deal Type: Acquisition
- Transaction Amount: $10,000,000,000
- Company: Atlantic Aviation
- Notable Investor: KKR
- Notable Investor: Singapore’s GIC
- Headquarters: New York
- Operations: Over 100 fixed-base operations across the U.S. and the Caribbean
Atlantic Aviation has expanded through strategic acquisitions, including its merger with Ross Aviation in 2022. The company is positioned in the aviation services sector, providing services to general aviation clients. The transaction signifies a key move for Apollo, KKR, and GIC in the aviation market.
Details
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