Bain Capital acquires APP Jet Center, an aviation services and airport real estate provider
Bain Capital has acquired APP Jet Center, a provider of aviation services and airport real estate across the United States. The acquisition supports APP Jet Center's growth strategy, focusing on expanding to key markets and developing new hangar builds, including a recently remodeled FBO facility at Treasure Coast International Airport (FPR) and a planned community hangar at Hayward Executive Airport (HWD). This transaction positions APP Jet Center to capitalize on long-term structural tailwinds in business and private aviation, such as growth in flight activity and limited hangar capacity at high-quality airports.
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The transaction supports APP Jet Center’s continued commitment to delivering a high-touch customer service experience and support the platform’s growth strategy, which focuses on expanding to key markets and developing new hangar builds. Quote: "The transaction supports APP Jet Center’s continued commitment to delivering a high-touch customer service experience and support the platform’s growth strategy, which focuses on expanding to key markets and developing new hangar builds." An accomplished new CFO has been hired and will be announced in the coming weeks. Quote: "An accomplished new CFO has been hired and will be announced in the coming weeks."
"APP Jet Center acquired by Bain Capital by Released APP Jet Center, a provider of aviation services at high-quality, supply-constrained airports across the United States, has announced the close of its acquisition by Bain Capital."
"APP Jet Center acquired by Bain Capital by Released APP Jet Center, a provider of aviation services at high-quality, supply-constrained airports across the United States, has announced the close of its acquisition by Bain Capital."
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