UP · Categories · M&A
UP - Mergers and acquisitions
Wheels Up Experience Inc. (UP) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for UP
- Wheels Up Secures $332 Million Revolving Financing Facility and Completes Acquisition of 17 Phenom 300 Series AircraftNew Bank of America-led facility, with Delta Air Lines credit support, provides growth flexibility as Wheels Up expands its fleet with GrandView Aviation assets to enhance customer experience ATLANTA, Nov. 14, 2024 /PRNewswire/ -- On November 13, 2024, Wheels Up Experience Inc. (NYSE: UP) closed its new $332 million revolving equipment notes facility with Bank of America, and completed the acquisition of GrandView Aviation's fleet of 17 Embraer Phenom 300 and Phenom 300E aircraft, and related maintenance assets and customer programs. The closings mark a major step forward for Wheels Up's strategic growth goals, aimed at delivering an elevated and reliable experience for its customers. Wheels
- Portside Acquires Licensing Rights for Avianis from Wheels UpIndustry-leading flight management system enhances Portside's portfolio of technology solutions for global operators SAN FRANCISCO, July 6, 2023 /PRNewswire/ -- Portside, a leading innovator in technology and software solutions for business and government aviation, today announced it has reached an agreement with Wheels Up's affiliate Avianis Systems, LLC, on a license to market, service and develop the Avianis fleet management system. The agreement extends Portside's suite of integrated, cloud-based software solutions for business aviation operators across the globe. "We are