Dubai Aerospace Enterprise (DAE) to Acquire Macquarie AirFinance (MAF) for ~$7B

Macquarie AirFinance Acquires $2.2B Aircraft Portfolio from ALAFCO

January 10, 2023

Aerospace & Defense

Macquarie AirFinance, with backing and equity from Macquarie Asset Management, PGGM Infrastructure Fund and Australian Retirement Trust (ART), will acquire a $US2.2 billion aircraft portfolio from ALAFCO Aviation Lease and Finance Company K.S.C.P. The deal — supported by a $US1.65 billion acquisition facility underwritten by BNP Paribas, Citibank, MUFG Bank and Natixis — will expand and modernize Macquarie AirFinance's fleet and improve its emissions profile; ALAFCO shareholders approved the transaction and completion was expected in 2023.

Begbies Traynor Group Acquires MAF Finance Group

May 10, 2021

Financial Services

Begbies Traynor Group plc has acquired finance broker MAF Finance Group (formerly Midlands Asset Finance) in a transaction worth up to £11.75 million. MAF — a South Normanton, Derbyshire–based team of 46 finance specialists that arranged over £150 million of finance last year — will continue trading under the MAF brand as a ringfenced broker within Begbies, expanding Begbies Traynor’s financing advisory and broking capabilities nationwide.

FDH Aero Acquires Madison Aerospace

September 3, 2021

Aerospace & Defense

FDH Aero has acquired Madison Aerospace, a Haltom City, Texas-based distributor of aerospace hardware focused on the OEM market. The deal expands FDH's product offerings and strengthens its footprint in the Texas aerospace production supply chain; Madison's leadership (Brian and Craig Hutchins) will continue to run operations. Audax Private Equity is the sponsor behind FDH (FDH has completed multiple add-ons since Audax's 2017 investment).

Destinus Acquires Daedalean AG for CHF 180 Million

January 5, 2026

Aerospace & Defense

Destinus Group BV has completed the acquisition of Zurich-based Daedalean AG for CHF 180 million (approx. USD 225 million). Daedalean will operate inside Destinus as a core AI engineering and autonomy hub to accelerate both civil-aviation safety-critical AI and defense-focused autonomy capabilities, accompanied by senior leadership integrations.

AviAlliance Acquires AGS Airports from Macquarie and Ferrovial

November 13, 2024

Transportation

AviAlliance has agreed to acquire AGS Airports from Macquarie Asset Management (via Macquarie European Infrastructure Fund 4) and Ferrovial for an enterprise value of approximately £1.53 billion. The transaction transfers ownership of the airports serving Aberdeen, Glasgow and Southampton, and is expected to reach financial close by Q1 2025 subject to customary conditions and regulatory approvals.

Macquarie Asset Management to Acquire Remaining 50% Stake in TDC Group

May 9, 2025

Telecommunications

Macquarie Asset Management (MAM) has agreed to acquire an additional 50% stake in TDC Group from PFA, PKA and ATP, which will result in Macquarie managing 100% of the capital in TDC Group. The move secures full ownership to continue investments in Denmark’s digital infrastructure—completing fibre rollout, accelerating 5G coverage and furthering IT/cloud transformation and sustainability initiatives across TDC NET and Nuuday.