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AFV Partners Acquires Seattle Avionics to Extend Data and Technologies Offerings in Aviation
Wednesday 16 September 2020

Texas-based capital vehicle AFV Partners LLC has acquired general aviation applications provider Seattle Avionics from its founders, to strengthen its aviation vertical with unique data and technologies, the company said.

Terms of the transaction, which closed on September 3, 2020, were not disclosed.

Seattle Avionics will accelerate AFV's offering for the general aviation and data market. AFV will cross-leverage its platform technologies within its aviation vertical to deliver value to the ecosystem while adding critical chart and navigation data capabilities gaining access to a USD 1bn chart data market.
The law firm of Kirkland and Ellis advised AFV Partners on the transaction.

AFV Partners is an affirmative low-leverage capital vehicle that invests in long-term mission critical software and data businesses.

Seattle Avionics is a provider of general aviation applications, FAA-certified and geo-referenced charts and flight data, and augmented reality technology.
Date Published: 16/09/2020