- Boeing (BA, Financial) to sell portions of its Digital Aviation Solutions business for $10.55 billion to Thoma Bravo.
- The transaction includes the sale of Jeppesen, ForeFlight, AerData, and OzRunways assets.
- The sale is expected to close by the end of 2025, pending regulatory approval.
Boeing (BA) has announced a definitive agreement to sell segments of its Digital Aviation Solutions business to Thoma Bravo in an all-cash transaction valued at $10.55 billion. This notable transaction involves the divestiture of Jeppesen, ForeFlight, AerData, and OzRunways assets.
Retaining its core digital capabilities, Boeing will continue to offer advanced fleet maintenance, diagnostics, and repair services that harness both aircraft and fleet-specific data. The company aims to focus on its core aerospace operations while strengthening its balance sheet and supporting its investment-grade credit rating.
Thoma Bravo, a leading software investment firm managing over $179 billion in assets, plans to foster the growth of the acquired business through strategic investments and operational best practices. The acquisition aligns with Thoma Bravo's emphasis on software development and innovation.
This transaction, which affects approximately 3,900 Boeing employees globally, is slated for closure by the end of 2025, subject to regulatory approval. Boeing and Thoma Bravo are collaborating to ensure a seamless transition for employees and to maintain high service levels for customers throughout the process.
