Chequers Capital to acquire Nayak-LM.

Chequers Capital, a private equity firm, agreed to acquire Nayak-LM, an independent European aircraft safety and line maintenance provider. Financial terms were not disclosed. “We are really excited to welcome Chequers as our partner to further develop Nayak in the coming years. With SFO, we were able to acquire Airberlin Technik and expand our business to a leading position for line maintenance services in Europe. With Chequers, we are confident to have the right partner to further solidify our base and accelerate Nayak’s next phase of growth,” Marco Smit, Nayak-LM CEO.