Boeing Spins Off Jeppesen, ForeFlight to Private Equity Firm

Aerospace giant’s deal with Thoma Bravo is valued at over $10 billion.

Boeing facility

Boeing facility [Credit: Shutterstock]

Boeing announced on Tuesday that it has entered into a definitive agreement to sell portions of its Digital Aviation Solutions business to private equity firm Thoma Bravo for $10.55 billion in an all-cash transaction.

The deal includes Jeppesen, ForeFlight, AerData, and OzRunways. Boeing will retain key digital capabilities related to fleet maintenance, diagnostics, and repair services, which will continue to support both commercial and defense operations, the company said. 

The sale forms part of Boeing’s strategy to streamline operations and strengthen its capital structure. Company leadership cited the transaction as a means to focus on its core businesses.

New updates to ForeFlight allow for integrated weight and balance, terrain avoidance, and IFR chart overlays. [Courtesy: ForeFlight]

“This transaction is an important component of our strategy to focus on core businesses, supplement the balance sheet and prioritize the investment grade credit rating,” said Kelly Ortberg, Boeing president and CEO, in a news release. 

Roughly 3,900 workers are part of Boeing's Digital Aviation Solutions organization. Boeing and Thoma Bravo stated they are working together to ensure as “seamless of a transition as possible for employees.” 

Thoma Bravo leaders emphasized the value of the digital aviation assets being acquired and expressed intentions to support the business's continued growth.

“We are proud to be investing in such an important technology platform in the broader aerospace and defense industry,” said Holden Spaht, managing partner at Thoma Bravo.

The transaction is expected to close by the end of 2025, pending regulatory approvals and customary closing conditions.

Ryan founded AirlineGeeks.com back in February 2013 and has amassed considerable experience in the aviation sector. His work has been featured in several publications and news outlets, including CNN, WJLA, CNET, and Business Insider. During his time in the industry, he's worked in roles pertaining to airport/airline operations while holding a B.S. in Air Transportation Management from Arizona State University along with an MBA. Ryan has experience in several facets of the industry from behind the yoke of a Cessna 172 to interviewing airline industry executives. Ryan works for AirlineGeeks' owner FLYING Media, spearheading coverage in the commercial aviation space.

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