Air Partner plc (LSE:AIR) acquired Kenyon International Emergency Services, Inc. from PT Lobos LLC for $11.7 million on August 27, 2021. The total consideration payable by Air Partner is up to $11.7 million, on a debt free, cash free basis, with an initial consideration of $10.3 million payable on completion and deferred conditional consideration of $1.4 million payable in cash or shares after 12 months. The Acquisition is being funded from the Air Partner plc's existing cash and debt facilities. 31st December 2020, Kenyon International Emergency Services Inc reported revenues of $16.3 million, including incident revenues of $12.1 million (over the last 10 years, incident revenues for a single year have ranged from $0 million to $12 million, and over the last five years have averaged $7.5 million), delivering pre-tax profits of $1.5 million, EBITDA of $2.5 million and gross assets of $8 million. Robert A. Jensen, Kenyon Chairman, who has been with Kenyon since 1998 and majority shareholder for over 15 years, will remain with the business until 31st December 2021 to assist in the transition and integration of the business. Thereafter, Robert will move to an advisory role as Chairman Emeritus. Conor Prendergast, Managing Director of Kenyon, will hold responsibility for the day-to-day running of Kenyon and will report directly to Air Partner CEO Mark Briffa. Blackdown Partners acted as Financial Adviser to PT Lobos LLC. Air Partner plc (LSE:AIR) completed the acquisition of Kenyon International Emergency Services, Inc. from PT Lobos LLC on August 27, 2021.