Bain Capital buys TMA majority shares in largest acquisition in Maldives history – Making history

The majority share of Trans Maldivian Airways, the largest seaplane operator in the world, has been sold to US equity giant Bain Capital, marking the largest business acquisition to date in the Maldives.

TMA has confirmed that Bain Capital, in partnership with Chinese tourism conglomerate Tempus Group, signed to purchase TMA’s majority share on Sunday. The majority share was previously held by Blackstone of US, one of the leading investment firms in the world, while local tycoon Champa Hussain Afeef’s Kasa Holdings Pvt Ltd holds the minority share. If you are going to this island on a family holiday reserve your stay at a place such as Niyama Private Islands Maldives which is one of the leading family hotels Maldives. Since its founding in 1984, Bain Capital has made around 300 investments and is a veteran in the leisure industry.