Hawthorne Global Aviation Services has been Acquired by NOVA Infrastructure and Wafra

William Blair acted as exclusive financial advisor to Hawthorne Global Aviation Services (Hawthorne), a portfolio company of NexPhase Capital, in connection with its sale to NOVA Infrastructure Management and Wafra Real Assets & Infrastructure. The transaction was signed on December 31, 2021 and closed on March 15, 2022.

About the Companies

Founded in 1932 and based in Charleston, South Carolina, Hawthorne is a world-class aviation services company and leader in general aviation services and aircraft management, providing first-class FBO services, tailored charter solutions, turnkey aircraft management and FAA-approved aircraft maintenance. Hawthorne operates at six locations across the U.S., including four sole source locations.

NexPhase Capital is a New York-based private equity firm that targets equity investments between $25 and $75 million in leading middle market, growth-oriented companies. NexPhase was formed in 2016 by the former principals of Moelis Capital Partners to execute, on an independent basis, a sector-focused strategy of control investments in lower middle market companies.

NOVA Infrastructure is a New York-based, infrastructure investment firm that targets middle market opportunities in transportation, environmental services, energy and energy transition, communications, and other infrastructure sectors primarily in North America.

Learn more about our aerospace, defense, and government services investment banking expertise.