NEW YORK (AUGUST 3, 2021) — Alton Aviation Consultancy is pleased to have acted as the lead commercial due diligence advisor for KKR, a leading global investment firm, on its acquisition of Atlantic Aviation from Macquarie Infrastructure Corporation (MIC).
Atlantic Aviation operates one of the largest networks of fixed base operations (FBOs) in the United States, providing a full suite of services to the private aviation sector. A definitive agreement for MIC to sell Atlantic Aviation to KKR for US$4.475 billion was agreed in June 2021.
Adam Cowburn, managing director with Alton Aviation Consultancy, says: “We are proud to support KKR in this investment. In our role as lead commercial due diligence advisor for KKR, Alton prepared a commercial market overview and forecast of activity for North American aviation businesses. In addition, we conducted a technical assessment of the company operations to inform KKR’s investment thesis.”
The transaction is expected to close in 2H 2021. To find out more about Alton’s advisory capabilities for business and general aviation please visit: https://altonaviation.com/bga/
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About Alton Aviation Consultancy
Alton Aviation Consultancy is a global advisory firm serving the aviation and aerospace industries. The firm was founded by veteran aviation industry executives, globally recognized for their thought leadership, quantitative analytics, and innovative solution development. The firm offers full value chain coverage with clients including airlines, manufacturers, MRO and aftermarket service providers, lessors and the broader financial and investment community.
With offices in New York, Dublin, Hong Kong, Beijing, Tokyo, and Singapore, Alton’s diverse team of professional advisors bring a global perspective with deep regional expertise across the entire aviation value chain to its client engagements. Typical client engagements include strategy and business plan development, operational performance improvement, restructuring, and transaction support.
KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.