Aberdeen Asset Managers Growth Capital has sold Bond Aviation Solutions Ltd to Alpha Aviation Group. Aberdeen originally led the £4m management buyout of Bond from Astraeus Ltd, another Aberdeen Asset Managers-backed company, in November 2005. The sale of Bond has generated a 1.8x return and an IRR of 86%.
Deal is the first add-on since Main Capital acquired it in June 2019
Fund invests in North American and European businesses operating across the financial services sector
New funding will be used to accelerate growth in new markets such as Asia-Pacific and Latin America
Team includes partners Oliver Rochman and Rob Mailer, and two associates