Mergers and Acquisitions

Chorus Aviation in its US$374 million investment by Brookfield

Chorus Aviation
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

Gregory Wylie

Partner, Tax, Toronto

On May 3, 2022, Chorus Aviation, a global provider of integrated regional aviation solutions, announced that Brookfield, through its Special Investments program, and together with institutional partners, completed its strategic equity investment in Chorus Aviation in connection with Chorus Aviation’s acquisition of Falko Regional Aircraft Limited and equity interests in certain aircraft funds managed by Falko. Conditional upon closing the acquisition, Brookfield will invest US$374 million in Chorus, including US$300 million of preferred equity and US$74 million of common equity.

Osler, Hoskin & Harcourt LLP advised Chorus Aviation with a team led by Alex Gorka and consisting of Kevin Feng and Anxhela Adhamidhis (Corporate) and Greg Wylie (Tax).

Value
US$374 million
Date Closed
May 3, 2022
Lead Office
Toronto
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

Gregory Wylie

Partner, Tax, Toronto