Seabury Securities Advises OneSky Flight on AAG Acquisition

Seabury Securities Advises OneSky Flight on AAG Acquisition

26-May-2021 Source: Seabury Securities

Seabury Securities LLC, the wholly-owned investment banking arm of Seabury Capital Group LLC (collectively, “Seabury Capital”) announced that the company has advised Directional Aviation’s OneSky Flight (“OneSky”) company on the acquisition of Associated Aircraft Group (“AAG”), the premier provider of executive Sikorsky helicopter service in the Northeastern United States.
AAG is a helicopter operator based in New York that provides fractional, charter, heli card, and managed aircraft services. In addition to operating the Sikorsky S-76 helicopters, AAG is a FAA part 145 repair station, providing MRO services on Sikorsky’s S-76 and S-92 civil helicopter models.
Seabury Capital’s New York-based investment banking team acted as the buy-side M&A advisor on the acquisition, and was led by Oliver Althoff, Managing Director & Head of North America, Seabury Corporate Finance, with leadership and advice for the transaction from Patrick Dowling, Senior Managing Director, Seabury Capital Management.
“This acquisition provides Directional Aviation with an end-to-end private flying experience and establishes the company as a vertical flight leader,” commented Oliver Althoff, Managing Director & Head of North America, Seabury Corporate Finance.
The team leveraged Seabury Capital’s significant M&A and capital raising background in many aviation and aerospace subsegments, including the helicopter segment, which represents one of the company’s core capabilities with an extensive track record.
“Seabury Capital’s network and helicopter expertise ranging from operator knowledge to the individual assets themselves proved invaluable in this transaction,” commented Kenn Ricci, Principal of Directional Aviation.

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