KKR-backed Atlantic Aviation completed the merger with KSL Capital-backed Ross Aviation.

KKR-backed Atlantic Aviation, a firm that manages a network of fixed-based operations providing services for general aviation aircraft owners and pilots, completed the merger with KSL Capital-backed Ross Aviation, an operator of a portfolio of fixed base operators. KSL Capital Partners joins KKR as a significant minority investor in the combined company. Financial terms were not disclosed. "Increased diversification will further position us as a leading operator of aviation infrastructure at a critical moment for our company as we invest in enhancements across our network to better serve our customers. Greater scale also enables us to accelerate our efforts on key priorities, including being at the forefront of technology and sustainability, and creates more opportunities for our employees," Louis T. Pepper, Atlantic Aviation CEO.