Announced

Completed

Air Partner completed the acquisition of Redline Worldwide From Mobeus VCT for £10m.

Synopsis

Air Partner, the global aviation services group, completed the acquisition of Redline Worldwide, a global aviation security solutions and training company, from Mobeus VCT, an investor that provides £2m to £15m to UK SMEs across all sectors, for £10m. "Redline has a world-class reputation in the aviation sector for delivering first-class security training and solutions to an international customer base. I am delighted to welcome Paul, Redline's employees, associates and customers to the Air Partner Group. Redline is a significant milestone in the development of our new Safety & Security division. This acquisition further extends our services into aviation security, and combined with our existing aviation safety activities, enables us to deliver a compelling suite of aviation safety and security products and services, both physically and digitally, to a high-quality global customer base," Mark Briffa, Air Partner Chief Executive Officer.

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