LONDON, April 18, 2024 – Proskauer, a leading international law firm, today announced that it advised Skyports, the global leader in owning and operating vertiport infrastructure and flying electric drones, on its substantial equity investment by ACS Group, one of the world’s foremost infrastructure and construction companies. 

The Series C fundraising raised in excess of $110 million in new investment and makes ACS Group the largest investor in Skyports. In addition to the new capital invested by ACS, existing shareholder, Paris-based airport operator, Groupe ADP has also invested additional capital in Skyports during this funding round.

ACS Group, which in 2023 generated revenue of $39 billion, has invested via its wholly owned infrastructure development/concessions business Iridium Concesiones de Infraestructuras S.A., (IRIDIUM), focused on sustainable and innovative transportation solutions.

The Proskauer team was led by partner Andy Houghton and included associates Dave Hill and Shahmir Khan (M&A).

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