Tracked deals
7
7 tracked deals across 2022-2025.
Operating Company
Transportation & Logistics
Modern Aviation
New York, New York, United States
National FBO operator operating premium fixed-base operator (FBO) locations across the U.S. and Puerto Rico. The company acquires, develops and manages FBO operations in growth markets with an emphasis on exceptional service, quality, and safety.
- Focus Areas
- Fixed-base operator (FBO) services, Airport ground handling, Hangar and aircraft storage
- Website
- modern-aviation.com
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Addon
4 addon · 3 buyout
Modern Aviation Acquisition Volume by Year
Last 3 years
Supporting Data
Recent Transactions
-
November 10, 2025
- Buyer
- Atlantic Aviation
- Target
- Jet Center at Santa Fe
- Industry
- Aerospace & Defense
- Location
- New Mexico, United States
- Type
- Buyout
Atlantic Aviation has acquired Jet Center at Santa Fe, a full-service FBO at Santa Fe Regional Airport, adding approximately 16.5 acres of ramp space, a modern executive terminal and ~50,000 sq. ft. of heated hangar space to its network. The facility immediately begins operating as Atlantic Aviation and expands the operator's presence in New Mexico as part of its strategy to add high-quality FBO locations.
-
September 2, 2025
- Buyer
- Atlantic Aviation
- Target
- Glacier Jet Center, Rocky Mountain Aircraft Services
- Industry
- Transportation
- Location
- Montana, United States
- Type
- Buyout
Atlantic Aviation expanded its FBO network to 106 locations with the acquisition of Glacier Jet Center and Rocky Mountain Aircraft Services at Glacier Park International Airport (GPI) in Kalispell, Montana. The deal brings Atlantic’s full range of passenger/crew support, fueling, heated hangars and on-field Part 145 maintenance under its brand as it enters the Montana market.
-
February 1, 2024
- Buyer
- Modern Aviation
- Target
- Puerto Rico FBO LLC
- Seller
- Benitez Aviation and its affiliates
- Industry
- Transportation
- Location
- Puerto Rico, United States
- Type
- Buyout
Modern Aviation has acquired Puerto Rico FBO LLC at Fernando Luis Ribas Dominicci Airport (Isla Grande Airport/TJIG) in San Juan, Puerto Rico from the owners of Benitez Aviation and its affiliates. The acquisition adds approximately 40,000 square feet of hangar and office space to Modern's network as the company expands its presence in San Juan and advances development of additional hangars at the airport.
-
October 13, 2022
- Buyer
- Modern Aviation, Tiger Infrastructure Partners
- Target
- Mystic Jet Center, LLC, Columbia Air Services-BHB, LLC, Columbia Air Services-RUT, LLC
- Seller
- Two owners (unnamed)
- Industry
- Aerospace & Defense
- Location
- United States
- Type
- Addon
Modern Aviation has executed a definitive purchase agreement to acquire Mystic Jet Center, LLC (Groton–New London Airport, Groton, CT), Columbia Air Services-BHB, LLC (Hancock County–Bar Harbor Airport, Trenton, ME) and Columbia Air Services-RUT, LLC (Rutland Southern Vermont Regional Airport, Rutland, VT) from their two owners. The deal — expected to close in Q4 2022 — adds more than 161,500 square feet of leasable hangar and office space, retains all employees and expands Modern Aviation’s FBO network to 16 locations; Modern Aviation is backed by Tiger Infrastructure Partners.
-
September 22, 2022
- Buyer
- Modern Aviation, Tiger Infrastructure Partners
- Target
- Elliott Aviation FBO at Des Moines International Airport
- Seller
- Elliott Aviation
- Industry
- Transportation
- Location
- Iowa, United States
- Type
- Addon
Modern Aviation has closed the acquisition of the fixed-base operator (FBO) assets and operations at Des Moines International Airport from Elliott Aviation, expanding Modern's national network to thirteen locations. The Des Moines FBO operates on a 17-acre leasehold with substantial hangar and office space; Elliott will retain and continue to operate its MRO business on the airfield. Modern Aviation is backed by Tiger Infrastructure Partners.
-
September 1, 2022
- Buyer
- Modern Aviation, Tiger Infrastructure Partners
- Target
- FBO operations at Francis S. Gabreski Airport (FOK), FBO operations at Republic Airport (FRG)
- Seller
- Sheltair Aviation
- Industry
- Aerospace & Defense
- Location
- New York, United States
- Type
- Addon
Modern Aviation has closed the acquisition of the fixed-base operator (FBO) assets and operations at Francis S. Gabreski Airport (FOK) in Westhampton Beach, NY and Republic Airport (FRG) in Farmingdale, NY from Sheltair Aviation. The deal expands Modern Aviation's Northeast footprint to 12 FBO locations and the company is backed by Tiger Infrastructure Partners.
-
February 28, 2022
- Buyer
- Atlantic Aviation, KKR
- Target
- Lynx FBO Network
- Industry
- Transportation
- Location
- United States
- Type
- Addon
Atlantic Aviation, a KKR-backed FBO operator, has acquired the Lynx FBO chain and its nine U.S. locations. The deal expands Atlantic’s network with new locations and former Lynx employees, supporting the company’s continued geographic growth and network consolidation.
Related Acquisition Pages
Transportation Buyers & Acquisitions
4 tracked deals by Modern Aviation.
Aerospace & Defense Buyers & Acquisitions
3 tracked deals by Modern Aviation.
Acquisitions in Iowa
1 tracked deal by Modern Aviation.
Acquisitions in Montana
1 tracked deal by Modern Aviation.
Acquisitions in New Mexico
1 tracked deal by Modern Aviation.
Acquisitions in New York
1 tracked deal by Modern Aviation.
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