Bridger Aerospace Plans $46M Sale-Leaseback for Debt Reduction

Bridger Aerospace Group Holdings, a leading aerial firefighting company based in Montana, has entered into a $46 million sale and leaseback agreement with SR Aviation Infrastructure for its facilities at Bozeman Yellowstone International Airport. The transaction, expected to close in the third quarter of 2025, will enable Bridger to repay part of its $213.82 million debt, thereby reducing its interest expenses while maintaining operational continuity through a 10-year lease. SR Aviation Infrastructure, an affiliate of SomeraRoad, specializes in aviation-related real estate investments, addressing supply-demand imbalances in the sector. Bridger's CEO Sam Davis highlighted that the deal leverages the appreciated value of the company's real estate and supports growth and shareholder value. Despite strong revenue growth of over 51% in the past year, the company currently trades below its fair value and faces profitability challenges. The arrangement ensures Bridger remains committed to the Bozeman area and retains its base for aerial firefighting operations.