 |
Joele Frank represents Frontier Airlines and Sard Verbinnen & Co. handles Spirit Airlines as the “ultra-low” cost carriers combine to create the nation’s fifth largest airline with $6.6B revenues.
Frontier shareholders will own 51.5 percent of the merged airline and its chairman William Franke will lead a committee to select the management team, branding and headquarters city of the combined carrier.
Frontier/Spirit promise to expand service to underserved small- and mid-sized cities across the US and add 10K new employees by 2026.
Joele Frank, Wilkinson Brimmer Katcher’s Ed Trissel and Joseph Sala work the Frontier business, while Sard Verbinnen’s Andrew Cole, Robin Weinberg and Columbia Clancy handle Spirit.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
