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Unifi Aviation strengthens position as the leading aviation services provider in the U.S. with acquisition of Prospect Airport Services

Apr 15, 2024over 1 year ago

Acquiring Company

Unifi Aviation

Acquired Company

Prospect Airport Services

AtlantaAir TransportationTransportationTravel

Description

Unifi Aviation, LLC has consolidated its position as the top aviation service company in the United States with the strategic acquisition of Prospect Airport Services. This acquisition further expands Unifi's presence and capabilities, making it the largest provider of airport wheelchair services in the U.S. with revenues exceeding $1.7 billion.

Company Information

Company

Unifi Aviation

Location

Atlanta, Georgia, United States

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed