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.
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