Denver, Colorado, November 16, 2007 – Ross Aviation today confirmed that it has acquired Great Circle Flight Services at Ted Stevens Anchorage International Airport in Anchorage, Alaska.  This is the sixth major FBO acquisition for Ross Aviation in less than three years.  The FBO will continue to operate as “Great Circle Flight Services,” joining Denver AirCenter, Scottsdale AirCenter, Santa Fe AirCenter, Capital Aviation and Corporate Aircraft as strategic locations in a growing network.

 

Ross Aviation President and CEO, Jeff Ross, commented that, “The proven management team, directed by Shaen Tarter and Justin Charon, will continue to lead and grow the operation.  They have shown their skill attracting a growing number of repeat corporate aviation customers to Great Circle.  We look forward to their continuing success and are confident they will contribute to the performance of other Ross FBOs.”

 

Ted Stevens Anchorage International Airport is located four miles southwest of Anchorage, Alaska.  Anchorage is within 9 flight hours of 95% of the industrialized world and is the third busiest cargo airport in the world.  Great Circle Flight Services is the newest of three full-service FBOs on the Airport.  Its facilities include 20,000 square feet of rentable hangar and office space and a 23,000 gallon fuel farm.

 

Ross Aviation was established in 2004 through a partnership between Centre Partners Management LLC and industry veterans Jeff Ross and Greg Ross (no relation).  Bruce Pollack, Managing Partner of Centre Partners, said, “We are pleased to expand the geographic footprint of our FBO network beyond the contiguous 48 states.  Great Circle Flight Services’ strategic location will allow us to reach more international travelers than ever before.”

 

Ross Aviation brings together extensive FBO ownership and operating knowledge with the ability to quickly close large and complex transactions.  Its principals are experienced FBO investors, having acquired, operated and divested premier properties, including Vail/Beaver Creek Jet Center, Million Air La Quinta at the Desert Resorts Airport, Million Air Palm Springs at the Pal Springs International Airport and the Newport Jet Center at the Newport Jet Center at the John Wayne Airport. 

 

Centre Partners, with offices in New York, Los Angeles and Dallas, is a private equity investment firm focused exclusively on supporting strong middle market companies.  Founded in 1986, Centre Partners and its affiliates have invested over $3 billion of equity capital in more than 80 private equity transactions. 


For more information, please visit www.rossfbo.com or www.centrepartners.com