British International Holdings has been acquired by Patriot Aerospace Group
The shareholders of British International Helicopter Services (BIH) have sold the company to Patriot Aerospace Group (Patriot), part of the Rigby Group, owned by Sir Peter Rigby. Financial terms of this transaction have not been disclosed.
BIH is an operator of medium and large helicopters with particular emphasis on offshore operations and in the defense sector. For more than a decade the company has operated the Flag Officer Sea Training (FOST) helicopter support program to provide services to the Royal Navy.
This transaction has made Patriot the largest British-owned helicopter company in the UK with operations spanning national flight training, charter, sales and engineering operations. BIH's acquisition supports Patriot’s strategy of expanding into commercial markets.
Oaklins Smith & Williamson, based in the UK, acted as corporate finance advisor to the seller in this transaction.
Talk to the deal team
Related deals
Sun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreLauak Group has sold a majority stake to Wipro Infrastructure Engineering
After careful strategic reflection to secure the group’s future, Lauak Group’s shareholders have chosen an industrial partnership, in line with the ongoing consolidation trend in the market. Attracted by opportunities for innovation and international expansion, the Charritton family, founders and long-term shareholders, regard Wipro Infrastructure Engineering as a trusted industrial partner. The historical shareholders remain minority stakeholders, and the current CEO continues to lead Lauak.
Learn moreOutsource Management Services has been acquired by IMI Supply Chain Solutions
UK logistics software provider Outsource Management Services (OMS) has been acquired by IMI Supply Chain Solutions, a Sweden-based provider of supply chain management software solutions.
Learn more