June 2022
Lobo Leasing has sold a portfolio of 19 helicopters to a buyer consortium compromising of LCI, Rive Private Investment and Turning Rock Partners.
The portfolio comprises a number of types (including S92s, AW139s, and a AS332L1) operating predominately in the O&G sector but also in other roles including SAR and general utility. This significant inter-lessor trade is a positive sign for the helicopter investment environment as it clearly demonstrates the liquidity of helicopter assets.
Dan Roberts, CEO of Lobo Leasing Limited, commented as follows:
"Lobo built this helicopter portfolio over an eight-year period and managed it through some turbulent times in the industry. The successful sale of this well-performing portfolio is a testament to the long-term dedication and expertise of the Lobo team.
The sale process was excellently led by Seabury and generated significant market interest. Cooperation with the buyer consortium was strong throughout and we look forward to further opportunities to work together on transactions”.
Lobo Leasing is a vertical lift investment platform, headquartered in Ireland with offices in the USA, Portugal, Brazil and The Netherlands. Lobo originates and manages aviation investments across the world in both the existing helicopter market as well as the fast-developing eVTOL and advanced air mobility sectors.
Seabury Securities LLC acted as exclusive financial advisor to Lobo Leasing Limited.