Israir Subsidiary Acquires Additional Stakes in Bird Aviation

Greenbriar Equity Group Acquires Sunvair Aerospace Group from Blue Sea Capital

June 5, 2024

Aerospace & Defense

Funds managed by Greenbriar Equity Group completed the acquisition of Sunvair Aerospace Group, a U.S.-based aircraft component MRO specialist, from Blue Sea Capital. Greenbriar said the investment will support Sunvair's organic growth and acquisition strategy to expand its engineered MRO capabilities across landing gear, avionics and accessory repairs.

SMBC Aviation Capital Acquires Goshawk Management Ltd.

December 21, 2022

Transportation

SMBC Aviation Capital completed the acquisition of Dublin-based aircraft lessor Goshawk Management Ltd., creating the second-largest global aircraft lessor by number of aircraft and the largest Japanese-owned lessor. The combined business operates a portfolio of over 700 owned and managed aircraft (with additional new-technology narrowbody orders) and is positioned to benefit from a sector recovery through enhanced scale and funding advantages.

Weinberg Capital Group and Salt River Aviation Acquire Aviocraft

May 2, 2024

Aerospace & Defense

Weinberg Capital Group and its portfolio company Salt River Aviation have acquired Aviocraft, an FAA Part 145–certified MRO provider based in Chandler, Arizona. The add-on expands Salt River Aviation's repair and overhaul capabilities for aircraft batteries, chargers, communications equipment, galleys, relays and other accessories.

H.I.G. Capital Acquires STS Aviation Group from Greenbriar Equity Group

October 8, 2024

Aerospace & Defense

An affiliate of H.I.G. Capital has completed a strategic equity acquisition of STS Aviation Group from Greenbriar Equity Group. STS’s executive team will remain in place and as significant shareholders while H.I.G. positions the business for global expansion, capability growth, and potential add-on acquisitions in the aviation MRO and parts-distribution market.

Bird Construction Acquires Jacob Bros Construction for $135 Million

June 10, 2024

Construction

Bird Construction Inc. (TSX: BDT) entered into a definitive agreement to acquire Surrey, British Columbia–based Jacob Bros Construction for an estimated aggregate consideration of $135 million, comprising cash, shares and assumed equipment debt. The acquisition establishes Bird in BC's civil infrastructure market, adds self-perform capability and scale (Jacob Bros: ~350+ employees, ~$300M revenue) and is expected to be approximately 10% accretive to Bird's full-year adjusted EPS.

Black & Veatch Acquires Bird Electric

August 15, 2023

Construction

Black & Veatch has acquired Bird Electric Enterprises and Bird Electric Properties (both part of BASElectric Holdings, LLC). The acquisition brings more than 600 electrical construction and emergency restoration professionals into Black & Veatch’s Grid Solutions portfolio, expanding its capabilities across transmission, distribution, renewables, EV charging and storm restoration markets.