Basalt Infrastructure Partners completed the acquisition of Fortbrand Services from Wincove Private Holdings.

Transaction Tags

• United States
• ground support equipment services
• Acquisition
• Majority
• Private
• Private Equity
• Domestic
• Friendly
• ground support
• Completed
• Single Bidder
• Maintenance Repair and Overhaul (MRO)

Synopsis

Basalt Infrastructure Partners, a private equity firm, completed the acquisition of Fortbrand Services, a ground support equipment maintenance services provider, from Wincove Private Holdings, a private equity firm. Financial terms were not disclosed. “Fortbrand is a leading provider of mission critical equipment for the air transportation industry and is well positioned in a market with emerging trends toward electrification and decarbonization. We are excited to work alongside the management team at Fortbrand to support the Company in its next stage of growth," Wil Jones, Basalt Partner.

Sources