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Hogan Lovells advises Ventiga Capital Partners on the acquisition of Airpas / FuelPlus and additional funding for future growth
Press releases
| 17
June
2021
London and Germany, 17 June 2021 – International law firm Hogan Lovells has advised Ventiga Capital Partners, a UK-based independent private equity firm with a focus of investing in European technology companies, on the acquisition and funding for a combined group created through the merger of Airpas Aviation and FuelPlus.
The merger will see Airpas Aviation, the leader in cost management for airport, ground handling and navigation charges join with FuelPlus, the industry leader in fuel administration and cost management for airlines. Together, the firms have 40 years of experience in the aviation industry and serve 103 airlines across 27 countries and four continents, and annually manage over US$76 billion of flight charges and over 28% of commercial jet fuel consumption. The transaction allows them to share best practices in aviation on cost management, a key advantage when the aviation sector is struggling to recover from the pandemic.
The Hogan Lovells team was led by Hamburg based PE partner Urszula Nartowska and London-based PE partner Ed Harris, with support from a core team comprised of Hamburg based associates Jonas Palme and Julian Tristram and London based fund partner Jeremy Pickles, associates Alice Norbury and Taylor Harris.