M/24/050 – HPS/Chorus Aviation
Transaction details
The proposed acquisition by HPS Investment Partners, LLC of indirect sole control of Chorus Aviation Leasing Inc., Chorus Aviation Investment Holdings LP and Chorus Aviation Holdings GP Inc. has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday August 23, 2024 | Monday, September 9, 2024 |
| Parties Involved | Business activities |
|---|---|
| HPS Investment Partners LLC | HPS is a global investment management firm, managing various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. |
| Chorus Aviation Inc. | Chorus Aviation Leasing Inc., Chorus Aviation Investment Holdings LP and Chorus Aviation Holdings GP Inc. make up the regional aircraft leasing business of Chorus Aviation Inc. Chorus Aviation Inc. is a Canadian-headquartered global aviation solutions provider and asset manager that is focused on regional aviation. Chorus’ primary business activities include contract flying, aircraft leasing, managing aircraft on behalf of fund investors and other third-party aircraft investors and/or owners, as well as maintenance, repair and overhaul services and pilot training. |
| Economic sector | Media merger |
|---|---|
| Professional Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, September 6, 2024 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| John O'Gorman | JohnOGorman@ccpc.ie |
Media enquiries: communications@ccpc.ie
Haven’t found what you’re looking for?
Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555