Apollo Global Management has acquired a significant interest in Atlantic Aviation from KKR. The transaction values the private aviation infrastructure platform at nearly $10 billion. KKR will remain a substantial shareholder after first acquiring the company in 2021.
Atlantic Aviation operates as one of the largest providers of fixed-base operator services in the U.S. The company provides essential infrastructure including aircraft fueling and hangar leasing.
The investment supports continued expansion through strategic acquisitions and organic growth. Both firms cited strong structural tailwinds in the private aviation market as a key driver for the partnership.