HeloAir

Fundamental Advisors LP acquired HeloAir Inc., a Henrico County-based operator specializing in fire-suppression helicopter services. The deal marks a shift in ownership for the company, which provides aerial firefighting support. No further details on transaction terms or future operations were disclosed.

Jan 2025The Business JournalsNews article

Fundamental Advisors launches a helicopter investment strategy by acquiring HeloAir, a regional operator of utility and fire suppression helicopters based in Richmond, Virginia. The move expands the asset manager’s focus into municipal and public-purpose aviation services. Terms of the deal remain undisclosed.

Jan 2025citybizNews article

Fundamental introduces a helicopter investment strategy targeting public safety missions and critical national infrastructure monitoring. The company acquires HeloAir, Inc., expanding its portfolio in specialized aviation services. This move aligns with Fundamental’s focus on supporting government and infrastructure-related operations.

Jan 2025Yahoo FinanceNews article

Fundamental Advisors introduces a new helicopter investment strategy and acquires HeloAir, a regional operator of utility and fire suppression helicopters based in Richmond, Virginia. The move marks the firm’s first foray into helicopter asset management. HeloAir specializes in providing aerial services for emergency response and infrastructure support.

Jan 2025| Airline Economics LtdNews article