M&A Deal Summary

Blade Air Mobility Acquires Monacair

On May 19, 2022, Blade Air Mobility acquired transportation company Monacair

Acquisition Highlights
  • This is Blade Air Mobility’s 3rd transaction in the Transportation sector.
  • This is Blade Air Mobility’s 1st transaction in Monaco.

M&A Deal Summary

Date 2022-05-19
Target Monacair
Sector Transportation
Buyer(s) Blade Air Mobility
Deal Type Add-on Acquisition
Advisor(s) Bird & Bird (Legal)

Target

Monacair

Monaco City, Monaco
Monacair is a helicopter operator, management company, and maintenance center. Monacair has several facilities across France, including Archamps in Haute-Savoie, Grimaud in the Var, Annecy airport in Haute-Savoie, Le Castellet airport in the Var and Cannes airport in the Alpes-Maritimes. Monacair is based in Monaco City.

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Buyer(S) 1

Buyer

Blade Air Mobility

New York, New York, United States

Category Company
Founded 2014
Sector Transportation
Employees310
Revenue 249M USD (2024)
DESCRIPTION

Blade Air Mobility is a technology-powered, global air mobility platform committed to reducing travel friction by providing cost-effective air transportation alternatives to some of the most congested ground routes in the U.S. and abroad. Blade Air Mobility was founded in 2014 and is based in New York, New York.


DEAL STATS #
Overall 3 of 5
Sector: Transportation M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 5
Country: Monaco M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-19 Heli Securite

Provence, France

Heli Securite is a helicopter charter company with a fleet of 16 helicopters Airbus, Leonardo and Bell and a team of more than 40 professional pilots, engineers and ground personnel. Heli Securite was founded in 1992 and is based in Provence, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-15 Cimatec

Scarborough, Ontario, Canada

Cimatec specializes in sustainable residential HVAC filtration solutions. Cimatec is based in Scarborough, Ontario.

Buy -