Ross Aviation, LLC (“Ross Aviation”) announced today that it has acquired the Denver Air fixed based operation (“FBO”) at Jefferson County Airport (“BJC” or “Jeffco”) in Broomfield, Colorado, one of two primary reliever airports in the Denver market.  “Denver Air has been a fixture at Jeffco for many years and Ross Aviation is extremely proud of this high quality operation that is in our own backyard,” said Jeff Ross, President of Denver-based Ross Aviation.  "We strongly believe in the fundamentals of this industry -- one of them being good assets in good markets, and feel we have found that combination in Denver Air and Jefferson County Airport,” added Ross.  Denver Air will remain an Avfuel branded dealer and home to a Duncan Avionics satellite operation.  It will continue to provide annual and phase inspections and general repairs and overhauls on piston and turbine aircraft.  Denver Air offers more than 50,000 square feet of high quality, heated hangar space in a new, modern facility nestled against the backdrop of the Rocky Mountains, next to the Interlocken Technology Park, less than 20 minutes from both downtown Denver and Boulder.

 

Ross Aviation, a Denver, Colorado-based owner and operator of FBOs, has teamed with Centre Partners Management LLC (“Centre Partners”) to acquire properties in this highly fragmented and growing industry.  Ross Aviation is actively looking to acquire independently owned FBOs and wholly-owned portfolios, located in areas with attractive demographics and significant growth opportunities. 

 

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

 

Ross Aviation is led by Jeff Ross and Greg Ross (no relation), industry veterans with over 20 years of experience in the acquisition, ownership and operation of FBOs.  The principals of Ross Aviation are experienced 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 Spring at the Palm Springs International Airport and the Newport Jet Center at the John Wayne Airport.  Ross Aviation brings together extensive FBO ownership and operating knowledge with the ability to quickly close large and complex transactions. 

 

For more information, please visit click here