M&A Deal Summary

Patriot Aviation Acquires Veritair Aviation

On April 17, 2012, Patriot Aviation acquired airliner Veritair Aviation

Acquisition Highlights
  • This is Patriot Aviation’s 2nd transaction in the Airlines sector.
  • This is Patriot Aviation’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2012-04-17
Target Veritair Aviation
Sector Airlines
Buyer(s) Patriot Aviation
Deal Type Add-on Acquisition

Target

Veritair Aviation

Cardiff, United Kingdom
Veritair Aviation Ltd. is a commercial helicopter operator.

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Buyer(S) 1

Buyer

Patriot Aviation

Coventry, United Kingdom

Category Company
Founded 1991
Sector Aerospace
DESCRIPTION

Patriot is engages in fixed wing and helicopter sales.Company provides general aviation services in the United Kingdom and Northern Ireland.


DEAL STATS #
Overall 3 of 4
Sector: Airlines M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 4
Country: United Kingdom M&A 3 of 4
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-27 Coventry Airport

Coventry, United Kingdom

Coventry Airport Ltd. is an operator of airlines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-13 British International Helicopters

Redhill, United Kingdom

British International Helicopters Ltd. provides helicopter services in the United Kingdom and internationally.

Buy -