Manifest Travel Club Acquires Skyroads Aviation, Leases First Pilatus PC-12
Oct 03, 2024•about 1 year ago
Acquiring Company
Manifest Escapes
Acquired Company
Skyroads Aviation
Description
Manifest, the exclusive lifestyle and travel club, has acquired Skyroads Aviation, LLC, a Part 135 Certificated Operator based at Centennial Airport outside of Denver. As part of the acquisition, Manifest has signed its first aircraft lease for a Pilatus PC-12 aircraft, marking a significant expansion for Manifest in providing unique travel solutions.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed