Charlotte, NC (PRWEB) March 14, 2014
BlackArch Partners is pleased to announce the sale of Midlantic Jet Aviation, Inc. and Midlantic Jet Charters, Inc. (together “Midlantic Jet”) to Landmark Aviation, a portfolio company of The Carlyle Group. Midlantic Jet is a full-service fixed-base operator (FBO), professional air charter service and aircraft management company based at Atlantic City International Airport.
BlackArch was retained by Midlantic Jet to serve as its exclusive financial advisor on the transaction.
Midlantic Jet adds to a long list of noteworthy FBO clients served by BlackArch professionals, who have deep history of FBO advisory experience. A BlackArch team member launched and grew the FBO/Transportation practice at a prior firm, advising clients who operate in over 30 premier FBO locations. Former FBO transactions included the sale of Mercury Air to Atlantic Aviation, the sale of Hawker Beechcraft to BBA Aviation and the sale of SevenBar to Atlantic Aviation.
About Midlantic Jet
Midlantic Jet (http://www.midlanticjet.com) founded in 1982 and headquartered in Egg Harbor Township, NJ, is a full-service fixed-base operator, professional air charter service and aircraft management company based at Atlantic City International Airport. Midlantic Jet provides its customers with industry-leading safety and security standards, and premier amenities and services that make every trip a distinguished experience.
About BlackArch Partners
BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations BlackArch addresses the needs of entrepreneurs, founders and shareholders of private companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, NC, with offices in Houston, TX, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed over 300 transactions in 16 countries on four continents. Please visit our website, http://www.blackarchpartners.com, for more details.
Securities offered through BlackArch Securities LLC. Member FINRA and SIPC.