EnTrust, SVPGlobal to buy DVB Bank’s aviation business

The Blue Sky Aviation strategy, the direct investment offering managed by EnTrust Global, and funds managed by Strategic Value Partners have agreed to acquire the Aviation Investment and Asset Management business from DVB Bank Group in London.

The transaction involves one of the top 10 aviation service companies globally and will be acquired by a newly formed U.K. company called Deucalion Aviation Ltd. The transaction is expected to close during the first half of 2021.

Deucalion, which will be led jointly by DVB Bank executives Jon Skirrow and Stephan Sayre, will be acquired through . . .

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