Boeing to Sell Portions of Digital Aviation Solutions to Thoma Bravo for $10.55 Billion

Core Transaction Details - Boeing has entered into a definitive agreement to sell parts of its Digital Aviation Solutions business, including Jeppesen, ForeFlight, AerData, and OzRunways, to Thoma Bravo for $10.55 billion in cash [1] - The transaction is expected to close by the end of 2025, pending regulatory approval and customary closing conditions [5] Strategic Focus - Boeing will retain core digital capabilities that utilize aircraft and fleet-specific data for maintenance, diagnostics, and repair services, ensuring continued predictive maintenance insights for customers [2] - The transaction aligns with Boeing's strategy to focus on core businesses, enhance the balance sheet, and prioritize maintaining an investment-grade credit rating [3] Management Insights - Boeing's leadership emphasizes the importance of this transaction in allowing different parts of the digital portfolio to concentrate on their strengths while continuing to meet customer needs [4] - Thoma Bravo expresses confidence in the growth potential of the acquired assets, highlighting the historical significance of Jeppesen in technological innovation within the aerospace and defense industry [4] Employee Transition - Approximately 3,900 employees are involved in Boeing's Digital Aviation Solutions organization, with efforts being made to ensure a smooth transition for employees during the sale [4] Company Backgrounds - Boeing is a leading global aerospace company and a top U.S. exporter, involved in the development, manufacturing, and servicing of commercial airplanes, defense products, and space systems [6] - Thoma Bravo is one of the largest software-focused investors globally, managing over $179 billion in assets and having a strong track record in backing technology companies [7]