Capitol Meridian Partners and The Sterling Group completed the acquisition of PrimeFlight Aviation Services from Carlyle.

Capitol Meridian Partners, a private investment firm, and The Sterling Group, a private equity firm, completed the acquisition of PrimeFlight Aviation Services, a company provides air carriers and airports with a wide range of aircraft, passenger and security services, from Carlyle, a global investment firm. Financial terms were not disclosed. “We are grateful to have had the opportunity to partner with the management team to lead the transformation of PrimeFlight. The PrimeFlight team expertly navigated an unprecedented time in the commercial aerospace industry to deliver substantial growth. Over the course of our partnership, we completed 20 acquisitions to build a global aviation services platform. PrimeFlight has an impressive runway for future growth, and we look forward to seeing the Company’s continued success," Doug Brandely, Carlyle Managing Director.