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Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.
Thoma Bravo is in advanced talks to buy Boeing Co.’s Jeppesen navigation unit, according to people familiar with the matter.
Chicago private-equity firm Thoma Bravo is spending $10.55 billion in cash to buy several digital aviation assets from Boeing, including Jeppesen, a well-known maker of maps and navigation charts.
Jeppesen Sanderson, which provides aviation and flight planning services, is one of several businesses under Boeing’s (NYSE: BA) umbrella to be sold to private equity giant Thoma Bravo in a deal ...
said it would sell four businesses from a digital unit to Thoma Bravo, a private equity firm specializing in software. Those include Jeppesen, which provides navigational charts and information to ...
Orlando Bravo’s second-biggest deal ever started with him writing a letter. Last year, the co-founder of private equity firm ...
Per the release from Boeing, the cash transaction valued at $10.55 billion includes assets ForeFlight, Jeppesen, AerData, and ...
a managing partner at Thoma Bravo. “With a heritage dating back to the 1930s, Jeppesen has been at the forefront of technological innovation for nearly a century. We are excited to build on this ...
Boeing Co. agreed to sell its Jeppesen navigation unit and related assets to Thoma Bravo for $10.6 billion in cash, handing the planemaker funds it can use to lighten its debt load.
(Reuters) -Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.
Under the ownership of Thoma Bravo, Boeing will continue to capture data needed for maintenance, repair and diagnostics services. Jeppesen, which provides interactive flight plans, is profitable ...
Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion. The planemaker ...