M&A Deal Summary

MAG Aerospace Acquires Discovery Air Fire Services

On April 17, 2017, MAG Aerospace acquired aerospace company Discovery Air Fire Services

Acquisition Highlights
  • This is MAG Aerospace’s 1st transaction in the Aerospace sector.
  • This is MAG Aerospace’s 1st transaction in Canada.
  • This is MAG Aerospace’s 1st transaction in Ontario.

M&A Deal Summary
Date 2017-04-17
Target Discovery Air Fire Services
Sector Aerospace
Buyer(s) MAG Aerospace
Deal Type Add-on Acquisition

Target

Discovery Air Fire Services

Dryden, Ontario, Canada
Discovery Air Fire Services, Inc. is an aerial operations company with primary bases in Dryden, Kenora, and Sudbury Ontario. DAFS is focused on the provision of Airspace and Aircraft Management (Birddog) services, as well as Aerial Fire Surveillance and Air Charter.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

MAG Aerospace

Sterling, Virginia, United States
Category Company
Founded 2009
Sector Aerospace
DESCRIPTION

MAG Aerospace is a provider of aviation training, aviation logistics, and technical services to federal, global, civilian, and commercial customers around the world. MAG delivers full spectrum ISR Services (operations, training, and technical services) and other specialty aviation to federal, international, civilian, and commercial customers around the world. MAG's team of 1,000+ professionals operate 200+ manned and unmanned special mission aircraft, delivering ~100,000 flight hours annually on 6 continents in support of its customers' missions.

DEAL STATS #
Overall 1 of 7
Sector (Aerospace) 1 of 3
Type (Add-on Acquisition) 1 of 7
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-30 Avenge

Sterling, Virginia, United States

Avenge, Inc. is a veteran-owned aerospace company specializing in Manned ISR (Intelligence, Surveillance, Reconnaissance) Operations and Training. Avenge has amassed over 400,000 hours of fixed-wing ISR operations experience and also offers pilot and sensor operator flight training for US military personnel and foreign partners.

Buy -
Mergr

Product

Company

Legal