DVB Bank’s Aviation Investment and Asset Management Business to Be Acquired by SVPGlobal and EnTrust Global
The Blue Sky Aviation strategy managed by EnTrust Global (EnTrust), a leading alternative asset management firm, and funds managed by Strategic Value Partners, LLC and its affiliates ("SVPGlobal"), a global investment firm, have today announced that they have entered into a definitive agreement to acquire the Aviation Investment and Asset Management business (the Business) from DVB Bank Group.
- The Blue Sky Aviation strategy managed by EnTrust Global (EnTrust), a leading alternative asset management firm, and funds managed by Strategic Value Partners, LLC and its affiliates ("SVPGlobal"), a global investment firm, have today announced that they have entered into a definitive agreement to acquire the Aviation Investment and Asset Management business (the Business) from DVB Bank Group.
- The Business, one of the top 10 aviation service companies globally, will be acquired through a newly incorporated UK company, Deucalion Aviation Limited (Deucalion or the Company).
- Senior members of the EnTrust Blue Sky Aviation and SVPGlobal teams have worked together on various transactions over the past 15 years.
- Jon Skirrow said: We are delighted to be partnering with EnTrust and SVPGlobal, following many successful years with DVB Bank Group.