Sale of Simtech Aviation Ltd. to Buzzard Aviation Holdings Ltd.
Simtech Aviation Ltd. ("Simtech") is a Dublin-based aviation simulator and training business. Pegasus Captial advised on the sale of the business to Buzzard Aviation Holdings Ltd.; a joint venture between private equity fund Renatus Capital Partners and the Martello Group, an aviation investment group. The transaction facilitated the retirement of one of Simtech's founders, and provided growth capital for the future development of the business.
TERMS: Not disclosed