M&A Deal Summary

Elit’Avia Acquires Pioneer Business Services

On May 9, 2023, Elit’Avia acquired airliner Pioneer Business Services

Acquisition Highlights
  • This is Elit’Avia’s 1st transaction in the Airlines sector.
  • This is Elit’Avia’s 1st transaction in the United States.
  • This is Elit’Avia’s 1st transaction in New York.

M&A Deal Summary
Date 2023-05-09
Target Pioneer Business Services
Sector Airlines
Buyer(s) Elit’Avia
Deal Type Add-on Acquisition

Target

Pioneer Business Services

Newburgh, New York, United States
Pioneer Business Services offers comprehensive services for private aircraft owners and passengers, including end-to-end aircraft management and flexible charter options. Pioneer Business Services is based in Newburgh, New York.

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Buyer(S) 1

Buyer

Elit’Avia

Safi, Malta
Category Company
Founded 2006
Sector Aerospace
DESCRIPTION

Elit’Avia is a fully-integrated provider of private aviation solutions including aircraft management, aircraft charter, sales and acquisitions, and technical oversight service. Elit’Avia was founded in 2006 and is based in Safi, Malta.

DEAL STATS #
Overall 1 of 1
Sector (Airlines) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

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