Transaction

CapMan Infra acquires a majority stake in HeliAir Sweden AB

Transaction

CapMan Infra acquires a majority stake in HeliAir Sweden AB

Sell-side

Undisclosed

Role

Adviser to HeliAir on its sale of a majority stake to CapMan

Sector

Business Services
Energy & Utilities

Region

Sweden

We have advised HeliAir Sweden AB on its sale of a majority stake to CapMan Infra.

HeliAir is a leading helicopter operator focused on critical societal infrastructure. Since its founding in 2006, the company has built a strong market position in airborne forest firefighting, power line inspection and vegetation management, as well as support services to the defense sector. With a fleet of 34 helicopters, its own maintenance facility, a nationwide fuel network, and its own pilot academy, HeliAir has created a unique, fully integrated platform with high operational readiness.

CapMan Infra is a Nordic infrastructure investor focused on energy, transport, and digital infrastructure. The acquisition of HeliAir is in line with CapMan Infra's strategy of investing in critical societal infrastructure in the Nordics.

HeliAir's leading market position, strong contract base, and fully integrated business model provide a robust platform for continued growth. With CapMan Infra as owner, the company gains access to a long-term, well-capitalised partner with experience in developing infrastructure assets — well positioned to capitalise on the structural growth trends within HeliAir's segments.

HeliAir 1

CapMan Infra understands what we do and shares our vision for HeliAir. At the same time, we gain a partner with the right resources and proven experience in developing companies within critical societal infrastructure — exactly what HeliAir needs for its next phase. A warm thank you also to Clearwater for their support throughout the entire process.

Aram Rubinstein, Founder, HeliAir Sweden
HeliAir 1

CapMan Infra's focus on Nordic infrastructure makes them an ideal partner to build on HeliAir's leading market position. The transaction underscores Clearwater's strong position within infrastructure and critical societal services, as well as our ability to lead processes in niche markets with complex operations and high regulatory requirements. We are very proud to have been entrusted to act as advisor to HeliAir in this transaction.

Tomas Almgren, Managing Partner, Clearwater

Advisers

Transactions