Announced
Financials
Tags
Private Equity
Pending
Private
Minority
Maintenance Repair and Overhaul (MRO)
maintenance programs
cost maintenance
United States
Single Bidder
Acquisition
Friendly
Domestic
Synopsis
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, software, and industrials industries, agreed to invest in Jet Support Services, an independent provider of aircraft maintenance support and financial tools for the business aviation industry. Financial terms were not disclosed. "We are laser focused on creating value for our customers by simplifying and easing the complexities of aircraft maintenance. My team and I are appreciative for the ongoing collaboration with GTCR, which has been a fun and rewarding partnership since 2020. As we start this next chapter, Genstar is an ideal partner, with a tremendous track record, to support our ambitious growth plan," Neil Book, JSSI CEO.
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