The acquisition, set to close in Q3 2026, will be funded from existing cash reserves and is expected to boost earnings immediately.
Bristow Group (VTOL) will acquire Berry Aviation from Acorn Capital Management for $105M in cash. The transaction is slated to close in Q3 2026 and will be financed using available cash on hand.
Management anticipates the deal will be accretive to earnings upon completion. No prior public consensus or comparable transactions were disclosed for this acquisition.
The agreement reflects Bristow’s strategy to expand its aviation services portfolio through targeted acquisitions.