AirHelp Secures Significant Minority Investment from Abry Partners
Summary
Abrys extensive experience in insurance, media, communications, and business services will be instrumental in driving AirHelps growth and innovation. "A decade ago, we entered uncharted territory to help air passengers with flight disruptionsthere was no established model, no market awareness, and no existing solutions. Their investment validates our vision and will accelerate our mission to better serve travelers worldwide," said Henrik Zillmer, Founder and Chairman of the Board of AirHelp. As a profitable company for several years, this investment aligns with our objective to reward investors who have supported us through various stages of growth," said Tomasz Pawliszyn, CEO of AirHelp. We look forward to working closely with the AirHelp team to drive growth and create value for all stakeholders," said Anders Bjork, Partner at Abry Partners.In connection with the transaction, AirHelp was assisted by UBS AG London Branch as exclusive financial advisor and by White & Case LLP and Piciocchi Legal PLLC as legal advisors.