Boeing and Thoma Bravo Announce Groundbreaking $10.55 Billion Deal

In a significant move that underscores the evolving landscape of the aviation industry, The Boeing Company has announced a monumental agreement to sell portions of its Digital Aviation Solutions to Thoma Bravo LP for a staggering $10.55 billion. This all-cash transaction, revealed in a Tuesday press release, marks a pivotal moment for both entities involved.

What Boeing Retains in the Deal

Despite the sale, Boeing is set to retain its core digital capabilities. These include harnessing aircraft and fleet-specific data to offer commercial and defense customers essential services such as fleet maintenance, diagnostics, and repair. "This digital expertise will continue to provide predictive and prognostic maintenance insights," the company elaborated, highlighting the strategic importance of these retained assets.

Closing Timeline

The transaction is anticipated to be finalized by the end of the current year, setting the stage for a new chapter in the digital aviation solutions sector. This deal not only reflects Boeing's strategic realignment but also Thoma Bravo's growing interest in the aviation technology space.