https://www.casselsalpeter.com/wp-content/uploads/2017/06/casestudylogo-afg.jpg 250 250 admin https://www.casselsalpeter.com/wp-content/uploads/2016/09/cs_logo-color.png admin2016-06-13 13:19:422019-12-20 20:05:27Mergers and Acquisitions: Sell Side for Avenger Flight Group, LLC
- Background: Headquartered in Ft. Lauderdale, FL, Avenger Flight Group, LLC provides commercial aviation simulation and training to domestic and international airlines using state of the art simulators located in Ft. Lauderdale, Las Vegas, Mexico City and Dallas. Avenger also provides classroom training for trainers and pilots.
- Cassel Salpeter:
- Served as the exclusive financial advisor to the Company
- Ran a competitive growth capital raise process, identifying and contacting over 50 strategic and financial parties
- Complex existing capital structure
- Capital intensive business
- Outcome: In May 2016, Patriot Capital and Seacoast Capital invested in Avenger Flight Group. Patriot Capital is a private investment firm based in Baltimore, MD. Seacoast Capital is a private investment fund based in Boston, MA.