Igneo Infrastructure Partners Expands Reach with Acquisition of Infinity Aviation FBO Platform

Igneo Infrastructure Partners Acquires Infinity Aviation

In a strategic move to strengthen its portfolio, Igneo Infrastructure Partners has made a significant acquisition by purchasing Infinity Aviation Group, a prominent player in the fixed-base operator (FBO) market. This transaction is noteworthy as it marks Igneo's first foray into the North American aviation sector and represents a critical step in expanding its presence in the transportation industry.

Details of the Acquisition

The acquisition, announced on June 4, 2025, involves on-airport assets at Boire Field in Nashua, New Hampshire (KASH), which is notably just 50 miles from downtown Boston. These assets include essential operational services such as hangar space, line services, and fueling operations. Given the increasing demand for general aviation services, this acquisition positions Igneo to capitalize on the growth trends in this sector.

Infinity Aviation provides crucial infrastructure and services catering to general aviation, business flights, and air cargo customers throughout the United States. With Igneo overseeing its operations, Infinity Aviation is expected to enhance and develop its infrastructure further by identifying and implementing improvements across its FBOs and aircraft hangars.

Leadership and Growth Strategy

Leading the charge at Infinity Aviation is Steven Levesque, who steps in as the new CEO. Levesque brings extensive experience from his previous roles, including serving as the principal at Global Aviation Infrastructure LLC and as CEO at both Leading Edge Jet Centers and Hawthorne Global Aviation Services. His background includes significant expertise in managing large-scale operations in the aviation sector, making him a valuable asset for Infinity Aviation during this transition period.

John Ma, a partner at Igneo, expressed confidence in the growth prospects of Infinity Aviation, highlighting the strong demand in the U.S. general aviation market. He stated, "The U.S. general aviation market is experiencing strong growth, and we plan to leverage Igneo's vast global experience in high-quality middle-market transportation infrastructure."

Strategic Partnerships

Enhancing the leadership team, Mark Perryman, the president and CEO of the Norfolk Airport Authority, has joined Infinity Aviation's board as an independent member. Perryman’s experience in managing airport operations and advocating airport community growth will be instrumental in driving Infinity Aviation's future initiatives.

Perryman remarked on the opportunity at hand, stating, "I am honored and excited to be joining Infinity Aviation's board with the Igneo Infrastructure Partners team to help drive growth, support airport communities, and create value."

As part of Igneo's dedicated North American infrastructure strategy, this acquisition reflects a broader investment trend, leading to a total of approximately $3.9 billion invested in the U.S. since 2020 across various sectors including transportation, energy, and digital infrastructure. With this new venture in the aviation space, Igneo aims to advance its mission to create long-term sustainable value through innovation and proactive asset management.

The Future of Infinity Aviation

Moving forward, Infinity Aviation is poised to enhance its service delivery and expand its operational capabilities under Igneo's guidance. With a robust strategy that focuses on quality and growth, Infinity Aviation aims to establish itself as an industry leader in general aviation services. By harnessing the synergies gained through this acquisition, Igneo and Infinity Aviation are set to meet the increasing demands of the aviation sector and offer unparalleled services to their customers.

Igneo, managing $20.5 billion in assets, continues to shape its portfolio with investments that align with industry trends, ensuring it remains at the forefront of infrastructure development globally. As the aviation market continues to evolve, Igneo's strategic advancements are likely to make a significant impact in meeting the burgeoning needs of the general aviation landscape.