Fundamental Advisors Acquires HeloAir, Inc.
January 9, 2025
Fundamental Advisors launched a helicopter investment strategy and acquired HeloAir, Inc., a Richmond, Virginia-based regional operator of utility and fire-suppression helicopters. HeloAir founder Whit Baldwin will remain with a retained stake and the deal establishes a platform for Fundamental to expand capabilities and pursue complementary acquisitions in aerial public-safety and infrastructure monitoring services.
- Buyers
- Fundamental Advisors
- Targets
- HeloAir, Inc.
- Industry
- Transportation
- Location
- Virginia, United States
- Transaction Type
- Buyout
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