Boeing completes $10.55 billion sale of Jeppesen, Foreflight to Thoma Bravo

Boeing has completed the $10.55 billion sale of key assets from its Digital Aviation Solutions business to private equity firm Thoma Bravo, finalizing a divestiture that includes Jeppesen, ForeFlight, AerData, and OzRunways. 

The transaction, announced on April 22, 2025, has now closed following regulatory approvals, according to a statement issued by Thoma Bravo on November 3, 2025. The businesses will operate as Jeppesen ForeFlight, a new standalone company headquartered in Denver and San Francisco and led by Brad Surak, formerly head of Boeing Digital Aviation Solutions. 

“Backed by 90 years of Jeppesen’s gold-standard data and ForeFlight’s relentless spirit of exploration, this combination is building the most unified, intuitive platform in aviation,” said Surak. “As we return to independence alongside a leader in software private-equity investing, we’re enabled to move faster, think bigger, and innovate.” 

The all-cash deal transfers some of Boeing’s most recognizable software and data units to Thoma Bravo, which manages more than $181 billion in assets. Boeing said earlier that the divestiture will strengthen its balance sheet, reduce debt, and allow the company to concentrate on its core manufacturing and services operations. 

“This transaction is an important component of our strategy to focus on core businesses, supplement the balance sheet and prioritize the investment-grade credit rating,” Boeing President and Chief Executive Officer Kelly Ortberg said when the deal was announced in April. 

Boeing will retain digital services tied to fleet maintenance, diagnostics, and repair for commercial and defense customers. Those operations will remain within Boeing Global Services under the leadership of President and CEO Chris Raymond. 

“This enables all parts of the digital portfolio to focus on their strengths,” Raymond said. “Our commitment to meeting our customers’ needs is unwavering as we move forward with our core products and services to support their fleets.” 

The newly established Jeppesen ForeFlight combines Jeppesen’s long history in aeronautical data with ForeFlight’s mobile and web-based flight-planning technology. The company said its solutions will continue to serve commercial, business, military, and general aviation markets worldwide. 

“We are thrilled to complete this transaction and to support Jeppesen ForeFlight as a standalone company with significant growth opportunities ahead,” said Holden Spaht, Managing Partner at Thoma Bravo. “The company has been a cornerstone of the aviation industry for more than 90 years, combining deep domain expertise with a culture of innovation.” 

Thoma Bravo said it plans to expand Jeppesen ForeFlight’s capabilities through investment in artificial intelligence, integrated operations tools, and potential strategic acquisitions. 

“Jeppesen ForeFlight is a world-class vertical software and data business that plays a critical role in powering the aviation ecosystem,” said Scott Crabill, Managing Partner at Thoma Bravo. “We’re excited to support the company’s talented team, invest in innovation, and help accelerate its next phase of growth and global expansion.” 

Approximately 3,900 employees are part of Boeing’s Digital Aviation Solutions organization, including those transferring to Jeppesen ForeFlight. Both companies said they have coordinated closely to ensure a seamless transition for employees and customers. 

The sale marks one of Boeing’s largest divestitures in recent years as it continues efforts to simplify its structure and restore its investment-grade credit rating. Boeing will report any financial impacts of the completed sale in its next quarterly results. The post Boeing completes $10.55 billion sale of Jeppesen, Foreflight to Thoma Bravo appeared first on AeroTime.

Go to Source