M&A
confidence medium
sentiment neutral
materiality 0.75
Gogo investor presentation reveals $375M acquisition financing plan
Gogo Inc.
- Upfront purchase price $375M; total sources $397M via new Term Loan B ($275M) and Gogo cash ($122M).
- Pro forma total debt $876M (3.1x Syn. Adj. EBITDA); net debt $837M (3.0x).
- LTM Q2 2024 synergy-adjusted EBITDA $281M, including $30M synergies and $12M one-time adjustments.
- Consideration includes 5 million Gogo shares as part of total transaction value.
- Presentation posted on Gogo IR website; furnished under Regulation FD.