Spartan Education Group Acquires Aviator Air Flight School

Spartan Education Group Acquires Illinois Aviation Academy

October 17, 2023

Education

Spartan Education Group, a Chicago-based aviation education operator, acquired Illinois Aviation Academy (IAA), a Part 141 flight school located at DuPage County Airport in West Chicago, Illinois. The deal expands Spartan's flight-training offerings and capacity (IAA operates a 30,000 sq. ft. facility and a fleet of 25+ aircraft) as part of efforts to address the U.S. pilot shortage.

Luxaviation Group Acquires Paragon Aviation Group

May 27, 2024

Aerospace & Defense

Luxaviation Group has completed the full acquisition of Paragon Aviation Group, integrating Paragon’s network of FBOs and international handling agents into Luxaviation’s global business aviation platform. The deal expands Luxaviation’s fixed-base operator (FBO) network to over 140 locations and strengthens its global service offerings for general and business aviation customers.

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.

FLYING Media Group Acquires AvBuyer

October 3, 2023

Media & Entertainment

FLYING Media Group (FMG) has acquired AvBuyer, the business aircraft listing marketplace and aviation media brand, along with GA Buyer Europe and GA Buyer Africa. FMG will integrate the assets into its existing portfolio of aviation publications and marketplaces to expand its reach in the business aviation listings and market-intelligence market.

Elit'Avia Acquires Pioneer Business Services

May 9, 2023

Aerospace & Defense

Elit'Avia has acquired Pioneer Business Services, a Newburgh, New York-based private aircraft management and charter operator, to establish a U.S. base and expand its Americas presence. The deal will keep operations at Stewart International Airport and increase Elit'Avia's aircraft under management as it splits its operations into Elit'Avia Americas and Elit'Avia International.

The Sterling Group and Capitol Meridian Partners Acquire PrimeFlight Aviation Services from Carlyle

March 6, 2023

Transportation

The Sterling Group and Capitol Meridian Partners have agreed to acquire PrimeFlight Aviation Services from funds managed by Carlyle in a 50/50 partnership; financial terms were not disclosed and the deal is expected to close by Q3 2023. Headquartered in Sugar Land, Texas, PrimeFlight operates roughly 235 stations globally and employs about 12,000 people, providing ground handling, fueling, deicing, GSE maintenance and other airport services to airlines, airports and cargo operators.