M&A Deal Summary

Surf Airlines Acquires Rise

On June 7, 2017, Surf Airlines acquired airliner Rise

Acquisition Highlights
  • This is Surf Airlines’ 1st transaction in the Airlines sector.
  • This is Surf Airlines’ 1st transaction in the United States.
  • This is Surf Airlines’ 1st transaction in Texas.

M&A Deal Summary
Date 2017-06-07
Target Rise
Sector Airlines
Buyer(s) Surf Airlines
Deal Type Add-on Acquisition

Target

Rise

Dallas, Texas, United States
Rise LLC is a provider of scheduled and on-demand flights for travelers on a monthly subscription basis. Rise LLC was founded in 2014 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Surf Airlines

Santa Monica, California, United States
Category Company
Founded 2011
Sector Airlines
DESCRIPTION

Surf Airlines, Inc. is a provider of private airline services. Surf Airlines, Inc. was founded in 2011 and is based in Santa Monica, California.

DEAL STATS #
Overall 1 of 2
Sector (Airlines) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Texas) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-13 BlackBird Air

San Francisco, California, United States

BlackBird Air, Inc. is a provider of iPhone or Android app, passengers have the option of joining an existing flight plan and purchasing open seats or chartering a plane to travel between destinations. BlackBird Air was established in 2016 and is based in San Francisco, California.

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