Australian Wings Academy acquired by Tisdall Aviation Group
Updated: Jun 8, 2020
Friday Capital would like to congratulate Tisdall Aviation Group on its acquisition of Australian Wings Academy. Friday Capital acted as the advisor to the shareholders of Australian Wings Academy on the sale of the business.
Established in 1982, Australian Wings Academy is one of the most highly regarded independent providers of airline quality pilot training in Australia and is internationally recognised for its modern approach to training airline-ready commercial pilots.
Tisdall Aviation Group (TAG) is a Queensland-based business providing a diverse range of aviation services including Charter, Training and MRO and has recently expanded its operations to South Australia with the acquisition of Pulse Aero. TAG Chief Executive Lucas Tisdall said that acquiring AWA is part of a strategy of expansion. “With the purchase comes an opportunity to expand our operating footprint into a second permanent campus," he said. "Full-time CPL candidates at Wings will enjoy the opportunity to interact with our current student base, turbine charter operations, engineering school, brokerage and MRO platforms.”
Managing Director of Friday Capital, Chris Mundey said “the quality and reputation of Australian Wings Academy made it an attractive and strategic target for both domestic and international buyers. After undertaking a comprehensive international sale process the Vendors selected TAG as the buyer based on their cultural fit with Wings and the strength of their offer. We were pleased to have worked with the team from Wings and TAG to bring this transaction to completion despite the global disruption caused by COVID-19”.