Announced

Priveq invested in Pilot Flight Academy.

Synopsis

Swedish private equity firm Priveq invested in Pilot Flight Academy, the leading commercial pilot training school in the Nordics. Financial terms were not disclosed. “The platform we purposefully built over ten years, in combination with the strong underlying growth we see in demand gives us great opportunities to continue to develop PFA in a positive way for the benefit of our students, the international airlines and our employees. With Priveq coming in as a partner, our opportunities for development are improved and we look forward to accelerating value creation for both the organization and the customers,” says Frode Granlund, founder and CEO of PFA.

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