Investment management company Fundamental Advisors, which specialises in municipal, public purpose and community assets, has acquired BlueSky Helicopters a Southern California-based operator focused primarily on firefighting and other essential aviation services including powerline support, utility and construction services, animal surveying.
While the rems of the deal were not made public the deal includes BlueSky’s fleet of four UH-60s and a single Bell 407.
“BlueSky is exactly the type of business we are looking to partner with as we continue building our public service helicopter platform,” said Ryan Keane, Senior Managing Director at Fundamental Advisors. “The Company has earned a strong reputation providing critical firefighting and utility services in one of the country’s most important public safety and infrastructure markets. This acquisition meaningfully expands our presence in the Western U.S., strengthens our relationships with key utility and public safety customers and adds valuable maintenance and operational capabilities. We look forward to partnering with the BlueSky team as we continue to grow a diversified helicopter platform that supports essential public safety and infrastructure needs nationwide.”
The acquisition comes as part of the expansion of expands Fundamental’s public service helicopter platform and will take its cumulative fleet to 24 aircraft establishing a presence in one of the USA’s most active markets for aerial firefighting and utility services. BlueSky also brings in-house maintenance capabilities which are expected to enhance operational expertise and aircraft availability across the broader platform as Fundamental continues to scale this strategy.
“Fundamental shares our long-standing commitment to safety, reliability and service excellence,” said Bryan Robinson, CEO at BlueSky Helicopters. “For years, our team has supported customers operating in some of the most demanding environments in the country, and we are proud of the reputation we’ve built with critical utility customers. With Fundamental’s support we will gain access to additional resources and operational support to continue to deliver the high-quality service our customers expect and pursue the next phase of growth.”
Image: BlueSky Helicopters
