Wheels Up has reached an agreement to acquire Air Partner, the UK-based global aviation services group. Under the terms of the transaction, Wheels Up will acquire the entire issued, and to be issued, ordinary share capital of Air Partner for 125 pence per share, equivalent to an enterprise value of approximately $107 million. The acquisition is expected to close later in the first quarter subject to shareholder and regulatory approvals. Air Partner will provide Wheels Up the ability to expand its service offerings internationally, and Wheels Up expects Air Partner to leverage Wheels Up’s investments in operations, service and technology

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