Bristow Group to Acquire Berry Aviation for $105 Million Cash
Bristow Group (VTOL) agreed to acquire Berry Aviation from Acorn Capital Management for $105 million in cash, with the transaction expected to close in Q3 2026 and be immediately accretive to earnings [1].
Bristow Group () agreed to acquire Berry Aviation from private equity firm Acorn Capital Management for $105 million in cash [1]. The company will fund the transaction entirely with cash on hand, and management expects the deal to close in the third quarter of 2026 [1].
The acquisition brings Berry Aviation's fixed-wing aircraft operations into Bristow's existing helicopter services portfolio. Berry Aviation provides contract aviation services to government and commercial customers. The seller, Acorn Capital Management, acquired Berry in a prior transaction whose terms were not disclosed in the announcement.
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