A&O Shearman advised Igneo Infrastructure Partners (Igneo) on its acquisition of Infinity Aviation Group, a leading fixed base operator (FBO) platform which operates a portfolio of on-airport assets at Boire Field (KASH), a public-use general aviation airport located in New Hampshire. The acquired assets include hangarage, line services, and fueling operations, supporting a broad range of aviation, business, and air cargo customers across the U.S.
Igneo is a global infrastructure investment manager with USD20.5 billion in assets under management, recognized for its investment in high quality, mature, mid-market infrastructure companies and its commitment to building platform businesses. This transaction marks Igneo’s first investment in the North American aviation sector, its sixth platform investment in North America, and its eighth global investment in transportation and logistics.
The multi-disciplinary aspect of the transaction—led by the Energy and Infrastructure team with key support from the Employment, Environment Health and Safety, and Tax teams— demonstrates A&O Shearman’s ability to service a wide range of issues within one firm.
“This deal showcases our depth and breadth of advising on complex infrastructure transactions in strategic sectors,” said Jillian Ashley, A&O Shearman Energy & Infrastructure partner. “Our team’s sector expertise and commercial insight enabled us to provide tailored legal counsel to Igneo as they expand their North American portfolio and invest in the future of aviation infrastructure.”
Supporting the transaction were Energy and Infrastructure associates Nisim (Niso) Matari and Aigul Gaisin, and law clerk Claire Hill. Specialist advice was provided by partner Ken Rivlin and associates Jake Ely and Olivia Kreft on environmental and sanctions matters; partner Brian Jebb and associates Hayde Faria and Alexandra Sentner on employment and compensation aspects; partner Caroline Lapidus, counsel Kara Altman, and associate Amirah Loury on tax; and partner Adam Sofen on real estate.