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Bain Capital enters FBO market with APP Jet Center buy
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Bain Capital enters FBO market with APP Jet Center buy
Private investment firm Bain Capital has entered the US fixed-base operator market with the acquisition of APP Jet Center, marking its first direct move into the aviation services infrastructure sector. Bain Capital said it acquired the five-location FBO platform from Ridgewood Infrastructure. Financial terms were not disclosed. Former Signature Aviation CEO Mark Johnstone will lead the business. APP Jet Center operates at five airports across…
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