Apollo joins KKR as Atlantic Aviation investor

Apollo and KKR have established a strategic partnership to bolster the expansion of Atlantic Aviation, a prominent U.S.-based private aviation infrastructure platform. The transaction involved Apollo acquiring a significant equity stake in Atlantic Aviation through its managed funds. Simultaneously, KKR’s funds will maintain a substantial ownership position within the company. This investment signifies a commitment from both firms to support Atlantic Aviation's ongoing growth trajectory. Details regarding the specific valuation of Atlantic Aviation were not disclosed at the time of this announcement.