M&A Deal Summary

Wheels Up Acquires Gama Aviation

On March 2, 2020, Wheels Up acquired aerospace company Gama Aviation

Acquisition Highlights
  • This is Wheels Up’s 3rd transaction in the Aerospace sector.
  • This is Wheels Up’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2020-03-02
Target Gama Aviation
Sector Aerospace
Buyer(s) Wheels Up
Deal Type Add-on Acquisition

Target

Gama Aviation

Hampshire, United Kingdom
Gama Aviation Ltd. is a private jet group whose activities include private jet management, charter services, avionics, interior design and refurbishment, aircraft maintenance, leasing, and ownership. The Group operates out of the UK (Farnborough airport), the US (Connecticut, Teterboro) and the Middle East (Sharjah International Airport).

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Buyer(S) 1

Buyer

Wheels Up

New York, New York, United States

Category Company
Founded 2013
Sector Airlines
DESCRIPTION

Wheels Up is a provider of private aviation services in the U.S. through a fleet of owned, managed, and third-party planes. Its mission is to connect flyers to private aircraft and one another to deliver exceptional, personalized experiences. Wheels Up was founded in 2013 and is based in New York City.


DEAL STATS #
Overall 3 of 5
Sector (Aerospace) 3 of 4
Type (Add-on Acquisition) 3 of 5
Country (United Kingdom) 1 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-23 Avianis Systems

Austin, Texas, United States

Avianis Systems LLC is a private aviation technology company that provides an advanced Flight Management System ("FMS") for private aircraft owners, operators, management companies, charter brokers, and flight departments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Mountain Aviation

Broomfield, Colorado, United States

Mountain Aviation provides the Colorado Rocky Mountain Region with premier charter and owner-operated aircraft services for more than twenty years. With 24-hour scheduling service, flight tracking, and unmatched Citation Jet fleet availability, Mountain Aviation has emerged as the pacesetter in corporate aviation in the Colorado Rocky Mountain Region. The company offers executive charter services, aircraft management programs (our exclusive Corporate Aviation Solutions Programs) aviation consulting including aircraft acquisitions and sales. It is an FAA Air Carrier with worldwide charter experience and an AR/GUS Platinum Rating record of safety. Mountain Aviation has aircraft based in Denver, Fort Collins, Colorado, and Boise, Idaho.

Buy -