Jet Edge International, a Van Nuys, CA-based aviation services platform and charter operator, raised $60m in equity and debt funding.
The round was led by Solace Capital Partners, a Los Angeles-based private equity firm.
The company intends to use the funds to continue its growth by building out additional infrastructure in both new and existing markets, as well as by offering additional value-added services to its aircraft owners and charter clients.
Led by Jet Edge CEO Bill Papariella, Jet Edge International is a premier aviation management platform that provides a full suite of services to aircraft owners, including flight operations, charter services, in-house maintenance and repairs, and assistance with aircraft sales and acquisitions. The company currently manages a fleet of more than 50 large-cabin and super-midsize aircraft, including Bombardier, Dassault, Embraer, and one the world’s largest collections of Gulfstream jets, for both corporations and ultra-high net worth individuals.
Jet Edge International currently employs more than 425 employees.
FinSMEs
28/02/2019