Apollo Acquires Significant Stake in Atlantic Aviation in $10 Billion Deal

Paul, Weiss advised Apollo-managed funds on their strategic investment in Atlantic Aviation, one of the largest private aviation infrastructure platforms in the United States. The deal values Atlantic Aviation at nearly $10 billion. Under the terms of the transaction, the Apollo funds have acquired a significant interest in the company, and KKR-managed funds maintain a substantial share.
 
The Paul, Weiss team was led by corporate partners Brian Finnegan and Michael Spirtos, and included partners Brendon Smith, Brian Kim, Matthew Goldstein, Marshall Rossiter, Steven Kaye and Matthew Benedetto, and counsel Jeremy Larkins, Lisa Koff, Ashley Hearn, Steven Lackey and David Levine; antitrust partners Scott Sher, Annie Herdman, Charles Crandall and James Parkinson, and counsel Merrick Pastore and Zuzanna Knypinski; tax partners Brad Okun and Reuven Garrett; executive compensation partner Lawrence Witdorchic; real estate partner Peter Fisch; intellectual property partner Claudine Meredith-Goujon; and litigation partners John Carlin and Gregory Laufer.