Home > M&A deals 1990 > Forstmann Little & Co. acquires Gulfstream Aerospace Corp.
Divestiture · Aerospace · February 1990

Forstmann Little & Co. acquires Gulfstream Aerospace Corp.

On February 14, 1990, Forstmann Little & Co. acquired Gulfstream Aerospace Corp., an aerospace company in Georgia, United States, from Chrysler Group LLC.

Deal at a glance

AnnouncedFebruary 14, 1990 TypeDivestiture TargetGulfstream Aerospace Corp. Buyer Forstmann Little & Co. Seller Chrysler Group LLC SectorAerospace LocationGeorgia, United States ValueMembers only

Target company

Gulfstream Aerospace Corp.
Georgia, United States
Aerospacesector
-founded
Activestatus
View the company profile →

Buyer

Forstmann Little & Co.
Private equity firm · 27 deals on record
  • 2nd transaction in aerospace
  • 14th transaction in United States
27deals, all time
2in this sector
2005latest

Seller

Chrysler Group LLC
Company · 2 deals on record
2investments
1in this sector
2exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Gulfstream Aerospace Corp.?Forstmann Little & Co. acquired Gulfstream Aerospace Corp. on February 14, 1990.

Who sold Gulfstream Aerospace Corp.?Chrysler Group LLC was the seller.

What type of deal was it?It was a divestiture in the aerospace sector in 1990.

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