Announced
Completed
Financials
Tags
Friendly
Majority
Acquisition
Software
Completed
security training
Single Bidder
United Kingdom
airlines solutions
Private
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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