M&A Deal Summary

Discovery Air Acquires Air Tindi

On December 19, 2006, Discovery Air acquired aerospace company Air Tindi

Acquisition Highlights
  • This is Discovery Air’s 1st transaction in the Aerospace sector.
  • This is Discovery Air’s 1st transaction in Canada.
  • This is Discovery Air’s 1st transaction in Northwest Territory.
Investment Fate
  • Air Tindi was divested to a consortium of buyers in 2018.

M&A Deal Summary

Date 2006-12-19
Target Air Tindi
Sector Aerospace
Buyer(s) Discovery Air
Deal Type Add-on Acquisition

Target

Air Tindi

Yellowknife, Northwest Territory, Canada
Air Tindi is a specialty aviation services company operating across Northern Canada, primarily serving government agencies and natural resource companies. Air Tindi was founded in 1988 and is based in Yellowknife, Northwest Territory.

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Buyer(S) 1

Buyer

Discovery Air

Etobicoke, Ontario, Canada

Category Company
Founded 2004
Sector Aerospace
Revenue 171M CAD (2017)
DESCRIPTION

Discovery Air is an aviation services company operating across Canada and in select locations internationally. Its principal customers are government agencies and natural resource companies. Discovery Air was founded in 2004 and is based in Etobicoke, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Northwest Territory M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-21 Air Tindi

Yellowknife, Northwest Territory, Canada

Air Tindi is a specialty aviation services company operating across Northern Canada, primarily serving government agencies and natural resource companies. Air Tindi was founded in 1988 and is based in Yellowknife, Northwest Territory.

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