Disposition · Activity not yet classified
ForeFlight
Transaction overview
Reported completed
Exact closing date not established.
In an April 2, 2020 retrospective, Sumeru Equity Partners reported that it sold ForeFlight to Boeing in March 2019. The exact closing day and consideration were not stated. This is sponsor-manager attribution, not a claim that the registered adviser itself was the balance-sheet seller.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Mergers & Acquisitions Recognizes Sumeru as PE Seller of the Year for 2019 ↗
Sumeru Equity Partners (republished Mergers & Acquisitions retrospective) · Published Apr 2, 2020
Reports that Sumeru sold ForeFlight to Boeing in March 2019 for an undisclosed amount.