Macquarie European Infrastructure Fund (MEIF) has recently sold its 50% equity in Bristol Airport to Ontario Teachers. Altitude provided business plan due diligence support to MEIF. The scope of our role included:
Detailed analysis of South West air traffic market.
Review of historic financial performance.
Overview of airport infrastructure and assessment of current capacity of key airport processes.
Development of independent long term traffic, financial and capital expenditure forecasts.
Production of a detailed vendor due diligence report.
Click here for further details of the transaction.