Boeing has signed a definitive agreement to sell parts of its Aviation Solutions business unitón Digital, including Jeppesen assets, ForeFlight, AirData and OzRunways, a Thoma Bravo. photo boeing
This transactionón isá valued in US$ 10.550 millions, but Boeing keepá key digital capabilities that leverage specific dataíaircraft and fleet manufacturers to offer commercial and defense customers maintenance services, diagnóaesthetic and repairón. This digital experience will continueá providing informationón predictive and pronómaintenance statics.
“This transactionón is an important component of our strategy to focus on core businesses, strengthen the balance sheet and prioritize the ratingóinvestment grade creditón”, I sayó Kelly Ortberg, President and CEO of Boeing.
“This allows all parts of the digital portfolio to focus on their strengths.”, Chris Raymond said, President and CEO of Boeing Global Services. “Our commitment to meeting our customers' needs remains steadfast as we move forward with our core products and services to support your fleets.”
“We are proud to invest in a technological platformólogic so important within the aerospace and defense sector”, commentó Holden Spaht, Managing Partner of Thoma Bravo. “With a history that dates back to the déeach of 1930, Jeppesen has been at the forefront of innovationón technolómagic for almost a century. We are excited to continue this legacy and enhance its próximal growth phase.”
“The business has undergone an impressive transformationón in the úlast toños and maintains a momentum sólido”, añadió Scott Crabill, spaghettién Managing Partner of Thoma Bravo. “Thoma Bravo has a long history of supporting technology companiesólíderes together with their current management teams. Esperamos apoyar los objetivos de crecimiento independiente de la empresa mediante inversiones estratélogic, Good prácticas operativas y un compromiso compartido con la innovación and creationón de valor a largo plazo.”
About 3.900 empleados en todo el mundo forman parte de la organización de Soluciones de Aviación Digital de Boeing, la cual incluye tanto las unidades que permanecerán and Boeing como aquellas incluidas en la venta. Boeing Eastá trabajando con Thoma Bravo para asegurar una transición the más fluida posible para los empleados, mientras se continúa atendiendo a los clientes conforme a todas las obligaciones.
Se espera que la transacción se cierre antes de finalizar 2025, subject to approvalón regulatoria y otras condiciones habituales de cierre.
Citi actúa como asesor financiero exclusivo de Boeing, y Mayer Brown LLP como asesor legal externo. Kirkland & Ellis LLP es el asesor legal de Thoma Bravo.
