FBOs
GIP Set To Acquire Signature Aviation in $4.6B Bid
Signature Aviation may soon be under new ownership with news of a cash deal worth more than $4.63 billion from Global Infrastructure Partners.
Signature Aviation, which operates the world's largest FBO network, is on the way to new ownership as its board of directors has reached an agreement with Global Infrastructure Partners on a cash deal worth $4.63 billion (Photo: Signature Aviation)
Signature Aviation, which operates the world's largest FBO network, is on the way to new ownership as its board of directors has reached an agreement with Global Infrastructure Partners on a cash deal worth $4.63 billion (Photo: Signature Aviation)

Signature Aviation, which operates Signature Flight Support, the world’s largest FBO chain, could soon be under new ownership. The UK-based company has accepted a cash deal worth more than $4.63 billion from Global Infrastructure Partners (GIP). This comes as a bidding war involving other investment firms such as the Carlyle Group, which previously owned the former Landmark Aviation FBO chain, has begun to heat up.