Gestair Elevates Operations: Hyperion's Strategic Acquisition for $100 Million
Deal News | May 16, 2025 | Finance Community ES 2 - Corporate M&A
Hyperion, partnering with Corporación Financiera Azuaga, has acquired Gestair, a Spanish executive aviation operator, and MRO service provider, from the investment group GPF for 100 million euros. Gestair, founded in 1977 and based in Madrid, is a leading executive aviation operator in Southern Europe and has built a strong position through strategic acquisitions, including a successful European AOC integration, allowing cross-border scalability in consolidating markets. Gestair's MRO division has expanded vigorously, servicing executive and military aviation clients with enhanced infrastructure, including fully refurbished hangars at Madrid-Barajas Airport, with over 23,000 square meters of space and multiple certifications. Singular Bank advised Hyperion and Azuaga, while Socios Financieros advised GPF. Alvarez & Marsal handled the due diligence.
Sectors
- Aerospace and Defense
- Private Equity
Geography
- Spain – Gestair is based in Spain, and the acquisition involves Spanish market dynamics.
- Europe – Gestair has established a position as a leading executive aviation operator in Southern Europe, with the transaction impacting broader European aviation markets.
Industry
- Aerospace and Defense – The article discusses Gestair, a leading operator in executive aviation and MRO services, which is part of the aerospace and defense sector.
- Private Equity – Hyperion's acquisition of Gestair represents a significant private equity transaction within the aerospace sector.
Financials
- 100 million euros – The purchase price for Gestair acquired by Hyperion and Corporación Financiera Azuaga.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Gestair | Target Company | Company | A leading Spanish operator in executive aviation and MRO services. |
| Hyperion | Bidding Company | Company | A private equity firm acquiring Gestair in partnership with Corporación Financiera Azuaga. |
| Corporación Financiera Azuaga | Bidding Company | Company | A financial corporation partnering with Hyperion in the acquisition of Gestair. |
| GPF | Selling Company | Company | The investment group selling Gestair to Hyperion and Corporación Financiera Azuaga. |
| Singular Bank | Financial Advisor | Company | Advised Hyperion and Azuaga on the acquisition of Gestair. |
| Alvarez & Marsal | Due Diligence Advisor | Company | Conducted due diligence for the acquisition of Gestair. |
| Socios Financieros | Financial Advisor | Company | Advised GPF on the sale of Gestair. |