West Star Aviation, a Portfolio Firm of The Sterling Group, Acquires Jet East, a Gama Aviation Firm

West Star Aviation, a Portfolio Firm of The Sterling Group, Acquires Jet East, a Gama Aviation Firm

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ST. LOUIS, Nov. 6, 2023 /PRNewswire/ — West Star Aviation (“West Star”), a portfolio firm of The Sterling Group, has introduced that it has acquired Jet East. West Star is a number one supplier of upkeep, restore, and overhaul (“MRO”) providers to the enterprise aviation trade offering upkeep, modification, and different providers to aviation prospects. Jet East offers MRO providers as effectively and focuses on supporting fractional and managed fleet operators. Capabilities embrace an expansive ‘Plane on Floor’ (“AOG”) cellular restore technician community, line upkeep operations, heavy upkeep amenities, and different complementary providers.

“I am extraordinarily pleased to welcome the Jet East staff to West Star. Each West Star and Jet East are outstanding corporations with sturdy and distinctive cultures,” mentioned Jim RankinCEO of West Star Aviation. “I am wanting ahead to bringing the Jet East and West Star groups collectively as we construct the premier Enterprise Aviation Upkeep supplier within the trade. Our focus now could be to make use of this mixture to higher serve our prospects and assist our staff.”

“I’m thrilled about this new chapter for the mixed firm of West Star and Jet East. With the official shut, we’re supplied a novel alternative to reinforce our capabilities and increase our choices to higher serve the wants of the aviation trade. As we flip our consideration towards the thrilling process of strategic integration, we stay dedicated to our prospects so there is no such thing as a disruption to the service that we offer. I’m happy with what has been completed and excited concerning the future,” mentioned Stephen MaidenCEO of Jet East.

“We have been thrilled to assist play an element in bringing collectively these two world class groups to mix complementary capabilities, geographies, and buyer bases. We could not be extra excited in welcoming all the Jet East household to West Star,” added Greg Elliott and John GriffinBoard Members of West Star Aviation.

This partnership will convey collectively two of the most effective groups in enterprise aviation that collectively will grow to be stronger by way of added scale and expanded capabilities. Prospects and distributors ought to anticipate no change whereas leaders of every group work collectively on longer-term integration planning.

Latham & Watkins LLP served as authorized counsel and Jefferies, LLC served as a monetary advisor to West Star.

About West Star Aviation

West Star Aviation makes a speciality of airframe restore and upkeep, engine restore and upkeep, main modifications, avionics set up and restore, inside refurbishment, paint, components, surplus avionics gross sales, window restore and accent providers. The corporate additionally offers full FBO providers for transient plane at its East Alton and Grand Junction amenities. West Star offers providers at 4 major places in East Alton, Illinois; Grand Junction, Colorado; Chattanooga, Tennessee; and Perryville, Missouriin addition to fifteen cellular restore bases and satellite tv for pc MRO amenities. West Star additionally offers components distribution and composite restore providers by way of its Avant and DAS companies respectively. For extra data, please go to weststaraviation.com.

About Jet East, a Gama Aviation Firm

Jet East, A Gama Aviation Firm, is without doubt one of the nation’s main aviation upkeep suppliers. The corporate makes a speciality of scheduled upkeep, on-demand cellular upkeep for unscheduled occasions, paint and inside completions and offers associated providers within the areas of structural repairs, composite work, and non-destructive testing (NDT). With a deeply gifted workforce, Jet East is offered to fulfill buyer upkeep wants with on-demand service and coast to coast protection within the U.S and in sure worldwide markets. An expansive AOG Cellular Upkeep crew operates with a 24/7 Dispatch Workforce and compliments the corporate’s upkeep hangars in North Carolina, New York, New Jersey, Florida, Texas, California, Illinoisand Nevada. For extra data, please go to jeteastgama.com.

About The Sterling Group

Based in 1982, The Sterling Group is a personal fairness and personal credit score funding agency that targets investments in fundamental manufacturing, distribution, and industrial providers corporations. Typical enterprise values of those corporations at preliminary formation vary from $100 million to $1 billion. Sterling has sponsored the buyout of 67 platform corporations and quite a few add-on acquisitions for a complete transaction worth of over $22.0 billion. Sterling presently has over $6.1 billion of belongings below administration. For additional data, please go to www.sterling-group.com.

Previous efficiency is not any assure of future outcomes and all investments are topic to loss.

SOURCE West Star Aviation, Jet East, and The Sterling Group, L.P.

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