Bristow Group agrees to buy Berry Aviation for $105 million cash
Bristow Group Inc
Bristow Group Inc VTOL | 0.00 |
- Bristow agreed to buy Berry Aviation from Acorn Capital Management for USD 105 million in cash, subject to customary adjustments.
- Closing is expected in the third quarter of 2026; the deal will be funded with cash on hand.
- Berry Aviation generated about USD 108 million of revenue in 2025, with about 72% tied to government and defense aviation services.
- The purchase expands Bristow’s government services platform, adding special-mission capabilities including ISR, MRO, training, and UAS development.
- On a 2025 pro forma basis, the Berry acquisition and a planned Norway offshore energy exit would have been neutral to EBITDA.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bristow Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606230730PR_NEWS_USPR_____NY89974) on June 23, 2026, and is solely responsible for the information contained therein.
