Mergers & Acquisitions

APP Jet Center Acquired by Bain Capital Real Estate

6486 APP Jet Center NT

M&A Engagement Overview

Industry Group: Aerospace, Defense & Government Services
Areas of Focus: Aviation Services, Fixed Base Operators

Harris Williams advised APP Jet Center, a portfolio company of Ridgewood Infrastructure, on their sale to Bain Capital Real Estate. APP Jet Center is a well-established fixed-based operator (FBO) with a strong real estate footprint. The company serves business and general aviation customers at five locations in South Florida, the Washington, D.C. region, the San Francisco Bay Area, and Denver.

It was a privilege to advise Ridgewood Infrastructure and APP Jet Center on this transaction. Together, they have cultivated a world-class FBO network that serves as a vital infrastructure backbone for general aviation in North America’s most desirable markets. This transaction highlights the enduring growth of the business aviation sector and marks an exciting new chapter for APP Jet Center. We are eager to see the network continue its expansion in partnership with the team at Bain Capital Real Estate.

APP Jet Center’s platform provides a full suite of aviation real estate and related services, including aircraft hangar space and fueling. The company differentiates themselves through their operations at attractive airports in capacity-constrained markets and long-standing relationships with airport authorities and customers.

The partnership between APP Jet Center and Bain Capital Real Estate will support the growth of the platform through continued investment in facilities, operations, and leadership. Bain also will focus on enhancing APP Jet Center’s operations and selectively expanding their footprint in attractive markets, while investing across the existing network to meet the growing demand for aircraft hangar storage.

Contact the Harris Williams Aerospace, Defense & Government Services Group to learn more about this client engagement.

Harris Williams is a global investment bank specializing in M&A and private capital advisory services. Clients worldwide rely on us to help unlock value in their business and turn ambitious goals into reality. We approach every engagement with boundless collaboration, pooling expertise and relationships across industries and geographies. For over 30 years, our clients have trusted us to think strategically, execute precisely, and deliver superior outcomes to help them grow.


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