Sidley represented Fundamental Advisors in the acquisition of HeloAir, Inc., a Virginia-based regional operator of utility and fire suppression helicopters. The acquisition is the first of Fundamental’s recently launched helicopter investment strategies, which will focus on companies leveraging helicopters for aerial firefighting services or infrastructure monitoring, for assets such as electrical grids and gas pipelines. Fundamental is a leading alternative asset manager dedicated to municipal, public purpose, and community assets.
The Sidley team was led by Ryan M. Hicks and Vijay S. Sekhon (M&A and Private Equity), and included Samantha L. Carvalho and Rudy A. Ramirez (M&A and Private Equity); Elizabeth T. Burns (Employee Benefits and Executive Compensation); Rebecca Stuart and Emily M. Wajert (Labor and Employment); and Christian Brause, Richard M. Silverman, Tyler J. Combest, and Alex Afrait (Tax). Fundamental is a long-time client of the firm, with Keith Del Prete (Real Estate) serving as relationship partner.
