M&A Deal Summary

Krystal Growth Partners Acquires Seair Seaplanes

On January 15, 2025, private equity firm Krystal Growth Partners acquired airliner Seair Seaplanes

Acquisition Highlights
  • This is Krystal Growth Partners’ 1st transaction in the Airlines sector.
  • This is Krystal Growth Partners’ 13th transaction in Canada.
  • This is Krystal Growth Partners’ 13th transaction in British Columbia.

M&A Deal Summary

Date 2025-01-15
Target Seair Seaplanes
Sector Airlines
Buyer(s) Krystal Growth Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Seair Seaplanes

Vancouver, British Columbia, Canada
Seair Seaplanes is a seaplane operator offering scheduled flights, scenic tours, and charter services. Seair Seaplanes was founded in 1982 and is based in Vancouver, British Columbia.

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Buyer(S) 1

DESCRIPTION

Krystal Growth Partners is a generalist private investment firm focused on acquiring or investing in lower middle-market companies throughout British Columbia. The Firm seeks profitable businesses with $10 to $100 million in revenue where ownership is looking to exit or for a growth-oriented partner. Krystal Growth Partners was originally established in 2004 and is headquartered in Vancouver.


DEAL STATS #
Overall 14 of 14
Sector (Airlines) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 10 of 10
State (British Columbia) 13 of 13
Country (Canada) 13 of 13
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-11 Stonz Wear

Vancouver, British Columbia, Canada

Stonz Wear is a provider of certified footwear and apparel for babies, toddlers, and children aged 0-6+ years. Stonz Wear is based in Vancouver, British Columbia.

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