Blade buys Tempe’s Trinity Air

(Photo via Trinity Air)

By Mike Sunnucks | Rose Law Group Reporter

Tempe-based Trinity Air Medical — which specializes in transporting organs for transplant operations — has been acquired in a $23 million deal.

New York-based Blade Air Mobility (NASDAQ: BLDE) acquired Trinity in a deal completed Sept. 15.

Blade provides on-demand, short-distance charter and helicopter flights with a focus on flights out of New York City and Los Angeles.

Blade “purchased 100% of the capital stock of Trinity — which generated revenues of approximately $16 million in calendar year 2020,” according to a statement released by the companies.

Trinity was founded by Seth Bacon in 2013.

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
September 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930