, pub-6370463716499017, DIRECT, f08c47fec0942fa0 AlfaBloggers Best Bloggers Team Of Asia : Carlyle Group To Buy Landmark Aviation: Reports

Saturday 15 September 2012

Carlyle Group To Buy Landmark Aviation: Reports

(RTTNews) - Private equity firm Carlyle Group LP (CG:Quote) will buy Landmark Aviation from GTCR Golder Rauner and Platform Partners for $625 million, according to reports. Landmark Aviation operates one of the largest fixed based operation networks in the world, with 51 locations throughout the United States, Canada and France.

The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the fourth quarter of 2012. Terms of the transaction were not disclosed.

Equity capital for the transaction will come from Carlyle Partners V, a buyout fund, Carlyle Group said in a statement. Morgan Stanley, RBC Capital Markets and Barclays have agreed to provide debt financing for the deal.

For Carlyle, this will mark the second time it has owned Landmark. The Washington D.C.-based formed the company in 2004 when it combined three businesses: Garrett Aviation Services, Piedmont Hawthorne and Associated Air Center. The firm sold Landmark in 2007 to aircraft leasing and maintenance company Dubai Aerospace Enterprise in a deal valued at $766 million.

GTCR and co-investor Platform Partners LLC acquired the company for $435 million from Dubai Aerospace Enterprise, with GTCR investing out of its ninth fund, a $2.75 billion vehicle raised in 2006.
KPC Systems & Power Solutions, the most prestigious and progressive trader of reliable and thebatteries for all automobiles, UPS, Inverters, Industrial and other .
Airline Transport Pilot License - information on flight school trainingstudying for an aviation degree, military flying and all the certificates including PPL, CPL ...
NEW FLIGHT SERVICES ISO 9001:2000 CERTIFIED AVIATION ORGANIZATION . Best Pilot training in Philippines with Us
AeroJobMark , Best Pilot Jobs ,Airplane,Aviation, jobs, Airline, Pilot, employment
Everybody has dreamt once of becoming a pilot during their childhood and few are able to make it possible. Becoming a Pilot takes lot of pain and labour, as it is one
AeroSoft Corp, Aviation Company, AeroSoft Aviation SEO Company, information of aerosoft seo company, information of aerosoft aviation seo company
Career with | We currently hold Vacancies for, Manager Franchisee, Marketing Executive, HR Executive, Sales Executive, System Executive,Golgapppa

Daily News & Analysis
with a multiple FDI move, opening up multi-brand retail, aviation, broadcasting and power-trading exchanges. It was an unexpected move given the fact that the scam-tainted government had been believed to be down and out but the prime minister told his ...
See all stories on this topic »
Civil aviation ministry seeks transparency in ATF pricing
Zee News
Kolkata: The civil aviation ministry has written to the petroleum and natural gas ministry for transparency in pricing of aviation turbine fuel (ATF) to bring down prices of air tickets and improve connectivity. "We have written to petroleum ministry ...
See all stories on this topic »

Zee News
After diesel, jet fuel price raised by 2 per cent
India Today
Days after diesel rates were hiked by a steep Rs 5.63 per litre, Jet Fuel price was on Saturday raised by about 2 per cent to Rs 73,711 per kilolitre in India. Saturday's increase in aviation turbine fuel (ATF), or jet fuel, price comes on the back of ...
See all stories on this topic »
Corporate America, media hail India's 'big bang' reforms
Times of India
New Delhi's "courageous resolve to move on these complex reforms" opening the door to foreign investment in retail, aviation, broadcast and power exchanges "serves as an assurance to investors that its economic liberalisation agenda is back on track ...
See all stories on this topic »
Carlyle Group To Buy Landmark Aviation: Reports
RTT News
(RTTNews) - Private equity firm Carlyle Group LP (CG:Quote) will buy Landmark Aviation from GTCR Golder Rauner and Platform Partners for $625 million, according to reports. Landmark Aviationoperates one of the largest fixed based operation networks in ...
See all stories on this topic »
Policy change will elevate mood of the sector: Ajit Singh, Minister, Civil ...
Economic Times
As the government takes the crucial decision of allowing foreign airlines to buy up to 49% stake in Indian airlines, civil aviation minister Ajit Singh has stolen the limelight for pushing this policy initiative within a few months of taking charge of ...
See all stories on this topic »

No comments:

Post a Comment

Note: only a member of this blog may post a comment.