Air Charter Service welcomes Alcuin Capital Partners
Air Charter Service has welcomed new investment from Alcuin Capital Partners.
The investment will see Alcuin purchase a minority stake in the business and provide a platform for a strategy of further growth through acquisition.
“The fact that this company has grown from the basement of a house to the largest charter brokerage in the world is a huge achievement and testament to our amazing team and corporate culture.”
“The fact that this company has grown from the basement of a house to the largest charter brokerage in the world is a huge achievement and testament to our amazing team and corporate culture. However, we are still an ambitious organisation.” said Justin Bowman, CEO, Air Charter Service, “Our growth to date has been entirely organic and whilst we will continue to follow those strategies that have been successful in the past, we wish to accelerate our expansion through capital investments in both technology and through acquisitions of complementary businesses.”
“Alcuin brings to the table not just the access to capital but, more importantly, the expertise in corporate acquisition strategy, which we believe will be invaluable when implementing our plans for growth,” added Bowman.
Mark Storey, co-founder of Alcuin Capital Partners said: “Air Charter Service is a leader in its field with a strong track record for growth. Their plans going forward are exciting and we are looking forward to working with their management team as they implement them.”