Bristow to Acquire Berry Aviation in $105M Deal

Bristow lands US$105m Berry Aviation takeover

Bristow Group has agreed to acquire Berry Aviation from Acorn Capital Management for US$105 million in an all-cash transaction, subject to customary purchase price adjustments and closing conditions. The acquisition will strengthen Bristow’s Government Services business by adding specialist mission capabilities and long-established relationships with US defence and government customers. The company expects the deal to improve the quality and res…

Bristow to acquire Berry Aviation in $105M deal

Bristow Group has agreed to acquire Berry Aviation from Acorn Capital Management in a $105 million all-cash deal as the helicopter operator looks to expand its government aviation services business. The transaction was announced on June 23, 2026, and is expected to close in the third quarter of 2026, subject to customary closing conditions. Bristow said it plans to fund the acquisition with cash on hand. Berry Aviation is based in San Marcos, Te…

Bristow Group Acquires Berry Aviation for $105 Million to Expand Government Services Business

Bristow Group Inc. (NYSE: VTOL) has agreed to acquire Berry Aviation from Acorn Capital Management for $105 million in cash, a move that significantly expands the company’s government aviation capabilities and accelerates its strategic shift toward higher-margin, contract-based government services. The acquisition strengthens Bristow’s position in the defense and government aviation sector by adding specialized mission capabilities, long-standin…

Bristow to Acquire Berry Aviation in $105M Transaction

Bristow Group—the world’s largest operator of Sikorsky S-92 and Leonardo AW189 and AW139 helicopters—is acquiring a fleet of fixed-wing aircraft as it seeks to expand its government services business. Bristow on Tuesday announced a definitive agreement to acquire Texas-based Berry Aviation from parent Acorn Capital Management for $105 million in an all-cash transaction, expected to close in the third quarter of 2026. Per Bristow, Berry makes abo…