Igneo Infrastructure Partners Acquires Infinity Aviation Group

Igneo Infrastructure Partners, a leading global infrastructure investment manager, has successfully completed its acquisition of Infinity Aviation Group, a prominent fixed base operator (FBO) platform. This acquisition, which took place on July 17, 2025, marks Igneo's inaugural investment in the North American aviation sector and its sixth platform investment in North America, as well as its eighth global investment in the transportation and logistics industries.

Infinity Aviation Group operates a comprehensive portfolio of on-airport assets at Boire Field (KASH), a public-use general aviation airport located in New Hampshire. The assets acquired in this transaction include hangarage, line services, and fueling operations, catering to a diverse range of aviation, business, and air cargo customers across the United States. This strategic acquisition aligns with Igneo's investment strategy, emphasizing high-quality, mature, mid-market infrastructure companies.

According to Jillian Ashley, a partner in the Energy & Infrastructure team at A&O Shearman, the firm that advised Igneo on this transaction, “This deal showcases our depth and breadth of advising on complex infrastructure transactions in strategic sectors. Our team’s sector expertise and commercial insight enabled us to provide tailored legal counsel to Igneo as they expand their North American portfolio and invest in the future of aviation infrastructure.”

The multi-disciplinary nature of the transaction required collaboration across various teams within A&O Shearman, including the Employment, Environment Health and Safety, and Tax teams. This collaborative approach reflects the firm’s capability to address a wide range of legal issues pertinent to large-scale infrastructure projects.

Igneo Infrastructure Partners manages approximately USD 20.5 billion in assets and is recognized for its commitment to building platform businesses in the infrastructure sector. The firm has a proven track record of investing in high-quality infrastructure, and this acquisition will enhance its portfolio in the aviation sector, which is poised for growth in the coming years.

The aviation industry has been under pressure due to the impacts of the COVID-19 pandemic, but there are signs of recovery as air travel demand increases. Investment in infrastructure such as that provided by Infinity Aviation Group is critical for supporting the resurgence of the aviation sector. Experts predict that the demand for air cargo and business aviation will continue to grow, emphasizing the importance of strategic acquisitions in this area.

The acquisition of Infinity Aviation Group is expected to provide Igneo with significant operational synergies and enhance its market position in the North American aviation infrastructure landscape. As companies like Igneo continue to invest in aviation infrastructure, the implications for the broader economy are substantial, potentially leading to job creation and improved service offerings in the aviation sector.

In conclusion, as Igneo Infrastructure Partners integrates Infinity Aviation Group into its portfolio, the focus will remain on leveraging the strengths of both organizations to capitalize on emerging opportunities in the aviation industry. This acquisition not only reflects Igneo's strategic growth trajectory but also underscores the resilience and potential of the aviation sector in the post-pandemic recovery phase.