Denver, Colorado, November 5, 2005 - Ross Aviation today confirms that it has acquired the Santa Fe Jet Center at Santa Fe Municipal Airport in Santa Fe, New Mexico This third major FBO acquisition for Ross Aviation in the past 12 months will now be known as the “Santa Fe AirCenter” joining Scottsdale AirCenter and Denver AirCenter as strategic locations in a growing network.
As the gateway to the “City Different”, Santa Fe AirCenter is known for its homespun hospitality, majestic beauty, and superior service and amenities. Its facilities consist of a warm and well-appointed Adobe-style executive terminal, more than 150,000 square feet of hangar, and 15 acres of ramp. The hangars are large enough to accommodate the Gulfstream 550 and the Global Express. Santa Fe AirCenter also offers in-house aircraft maintenance and avionics services.
Ross Aviation president and CEO, Jeff Ross, noted that, “Santa Fe Jet Center is a high-quality facility and operation in one of the nation’s leading resort markets. It has long been coveted by a number of FBO operators and we are extremely proud to welcome it into the Ross Aviation network.” He added that, “The proven management team, directed by Troy Padilla, will continue to lead and grow the operation. All the line, customer service, aircraft maintenance and avionics professionals that Santa Fe customers have come to know and trust have been retained and will continue to anticipate needs and deliver services swiftly, safely, and with skill and a personal touch.”
Ross Aviation was established through a partnership between Centre Partners Management LLC and industry veterans Jeff Ross and Greg Ross (no relation). Based in Denver, Colorado, it acquired Denver AirCenter at Jeffco Airport (BJC) in suburban Denver, Colorado in December 2004 and Scottsdale AirCenter in July 2005. Bruce Pollack, Managing Partner of Centre Partners, said, “We are very pleased to have added another well-established and premier FBO to our portfolio. Santa Fe is an attractive market with strong demographics for growth in private jet usage. And while our geographic focus is not limited, Santa Fe’s fit with Denver and Scottsdale gives us a strong presence in the southwest.”
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 Palm Springs International Airport and 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 click here |
