Macquarie Group Limited, through its Macquarie Rotorcraft Leasing operation, completed the acquisition of a helicopter portfolio from Waypoint Leasing Holdings Ltd. and its subsidiaries. The move will also see Waypoint staff join the new owners.
The portfolio acquired includes 120 medium and heavy helicopters leased to approximately 30 operators, in addition to a what Macquarie describes as a number of firm and option order positions with Airbus Helicopters.
“The strategic acquisition of a diversified helicopter fleet, combined with the experience of our expanded team and the support of the wider Macquarie Group, uniquely positions Macquarie Rotorcraft Leasing as a leader in the development of the helicopter leasing and financing sector,” said John Petkovic, CEO, Macquarie Rotorcraft Leasing.
The company explains the acquisition was funded from existing internal Macquarie Group funding sources. Founded in 1969, Macquarie Group operates in more than 70 office locations in 27 countries. It employs approximately 15,110 people and has assets under management of more than A$532.1 billion (as of December 31, 2018).
