PE Firm KKR Buying Atlantic Aviation for Nearly $4.5B | Aviation International News

PE Firm KKR Buying Atlantic Aviation for Nearly $4.5B

After a 17-year ownership span, Macquarie Infrastructure Corp. has agreed to sell Altantic Aviation and its 69 FBOs to private equity firm KKR.

The second major FBO chain to be sold since the beginning of the year, Atlantic Aviation's 69-location-strong network will be acquired by private equity firm KKR in a deal worth approximately $4.5 billion.

By Curt Epstein • Business Aviation Services Editor

June 7, 2021

U.S.-based private equity company KKR today announced that it is acquiring Atlantic Aviation, an FBO chain with 69 U.S. locations, from Macquarie Infrastructure Corporation (MIC) for nearly $4.5 billion. The deal, which is expected to close in the fourth quarter, comes on the heels of the sale of Signature Aviation, the world's largest FBO chain, to private-equity firms Blackstone, GIP, and Cascade for $4.7 billion.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

Become a Member

Already a member? Sign In

Aircraft Specialists Buys Out FBO Rival at KLZU

The company is now the lone service provider on the field

Aircraft Specialists Jet Center at KLZU

California FBO Five Rivers Expands Footprint to Wyoming

Company won an RFP at Central Wyoming Airport

Interior of new Five Rivers Aviation at KRIW

Northern California FBO Expands with Hangar Purchase

The 26,510 sq ft of space brings the facility to more than 100,000 sq ft of hangars

26,510 sq ft hangar at Modesto Jet Center

Universal Aviation Begins Operations in Saudi Arabia

Facility is company’s first in the Kingdom, with more on the way

Interior of new GAT in Dammam, Saudi Arabia

Atlantic Aviation Starts Work on Second Nashville FBO

It will join the company’s location at Nashville International Airport

Artist rendering of new Atlantic FBO

Apollo Funds Acquires Major Stake in Atlantic Aviation

KKR purchased the FBO chain in 2021

Atlantic Aviation FBO

Wisconsin FBO Chain Expands with Janesville Purchase

Spring City Aviation now has four FBOs in the Badger State

Developer Gets Lease for Vegas-area Hangar Complex

Work will begin on the Boulder City facility by the end of the year

Boulder City Municipal Airport