India, June 23 -- Bristow Group Inc. (VTOL), a vertical flight solutions provider, Tuesday announced that it has agreed to acquire Berry Aviation, Inc. from Acorn Capital Management for $105 million in cash.
"The acquisition is expected to enhance the quality of Bristow's earnings through increased exposure to contracted government services and multi-mission aviation activities.", Bristow said in a statement.
Berry Aviation is headquartered in Texas and operates a fleet of more than 20 aircraft primarily providing government and defense aviation services across multiple countries.
It also provides aviation services such as special missions, intelligence, surveillance and reconnaissance operations, maintenance, repair and overhaul or MRO ...