secwatch.observer — SEC 8-K summary
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Issuer:     Bristow Group Inc. (VTOL)
CIK:        0001525221
Form:       8-K
Filed at:   2026-06-26T20:38:46+00:00
Accession:  0001525221-26-000091
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bristow to buy Berry Aviation for $105M cash; plans Norway Offshore exit
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- All-cash acquisition of Berry Aviation for $105M, subject to working capital adjustments; expected Q3 2026 close.
- Berry Aviation had 2025 revenue of ~$108M; government services make up ~72% of revenue.
- Deal is immediately accretive to Bristow's earnings and free cash flow; pro forma 2025 EBITDA neutral.
- Combined with planned Norway Offshore exit, revenue mix shifts to 35% Government Services (from 26% actual 2025).
- Berry fleet >20 aircraft; customers include U.S. Army, Air Force, SOCOM, TRANSCOM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1525221/000152522126000091/0001525221-26-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1525221/000152522126000091/vtol-20260626.htm
  HTML page:      https://secwatch.observer/filing/0001525221-26-000091

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