Wafra and NOVA Acquire Hawthorne Global Aviation Services

Wafra Inc. Acquires Aquila Air Capital from Warburg Pincus

December 16, 2024

Aerospace & Defense

Wafra Inc. completed the acquisition of a controlling interest in Aquila Air Capital, a specialty aviation asset finance and engine leasing platform, from Warburg Pincus. The deal — supported by a credit facility from ATLAS SP Partners — positions Aquila to accelerate expansion, introduce new offerings, and broaden its global customer base under Wafra's ownership.

Wafra Acquires Minority Stake in Oak Hill Capital Partners

October 3, 2022

Financial Services

Funds managed by Wafra Inc. acquired a strategic minority ownership interest in Oak Hill Capital Partners from an affiliate of Jefferies Financial Group Inc. The transaction is a strategic partnership (minority growth investment) that will not affect Oak Hill’s control of investment processes or day-to-day operations and is intended to support the firm’s continued growth and strategic initiatives. Financial terms were not disclosed.

Jet Aviation Acquires ASTONSKY FBO Operations at Paris-Le Bourget

August 1, 2025

Aerospace & Defense

Jet Aviation has acquired ASTONSKY's ground handling, hangarage and FBO operations at Paris-Le Bourget Airport in France. The acquisition expands Jet Aviation's EMEA FBO network and adds a flagship Paris-Le Bourget location offering handling, fueling, hangarage and passenger/crew services.

Igneo Infrastructure Partners Acquires Infinity Aviation Group

June 11, 2025

Transportation

Igneo Infrastructure Partners, a global infrastructure investment manager, has acquired Infinity Aviation Group, a fixed‑base operator (FBO) platform headquartered in Nashua, New Hampshire, including on‑airport assets at Boire Field (KASH). Transaction terms were not disclosed; Igneo named Steven Levesque CEO of Infinity Aviation and said it will invest to grow and develop general aviation infrastructure across North America as part of its dedicated North American strategy.

Wafra / Capital Constellation Makes Strategic Investment in Niobrara Capital

January 22, 2025

Financial Services

Wafra Inc., via its Capital Constellation platform, announced a strategic (minority) investment in Niobrara Capital, a newly formed private equity firm focused on technology and technology-enabled services in North America and Europe. The investment will support Niobrara’s growth as it builds its platform and executes on debut and follow-on investments in mid-market B2B technology companies.

Archer Aviation Acquires Hawthorne Airport for $126M

November 7, 2025

Transportation

Archer Aviation signed definitive agreements to acquire control of Hawthorne Airport (Hawthorne Municipal Airport) near Los Angeles for $126 million in cash and raised $650 million of additional equity capital. Archer intends to use the 80-acre site as the operational center for its planned Los Angeles air taxi network and as an AI-powered aviation testbed to develop next-generation air traffic and ground operations systems.