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New Deal


Announced

Completed

AE Industrial Partners-backed Alpine Air Express completed the acquisition of Suburban Air Freight.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Domestic

Private Equity

Single Bidder

aviation industry

Friendly

Acquisition

United States

Airlines

Private

Completed

Synopsis

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AE Industrial Partners-backed Alpine Air Express, a provider of air cargo transportation services, completed the acquisition of Suburban Air Freight, a provider of aviation transportation and maintenance services. Financial terms were not disclosed. "Suburban is a leading regional air cargo carrier with a reputation for quality service and safety. The addition of Suburban and its talented team significantly expands our Company and its market position, enabling us to better serve our new and existing customers," Michael Dancy, Alpine Air CEO.

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