Landmark Aviation acquires Ross Aviation


Landmark Aviation

Landmark Aviation based in Houston, Texas signs an agreement to acquire Ross Aviation in Denver, Colorado.
Landmark Aviation Westchester County

Landmark Aviation

Landmark Aviation has continued its FBO acquisition spree by signing a definitive agreement to acquire Ross Aviation, a Denver-based company with a network of 20 US FBOs including six locations in Hawaii. The deal increases Landmark’s portfolio to 60 locations in the US and 76 locations globally.

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This is the fourth take-over that Landmark Aviation has completed in 2014 so far, having already acquired Sterling Aviation and Galvin Flying Services in the US and most recently, RSS Jet Centre Ltd and three of its FBO centres in the UK.

Landmark is funding the acquisition of Ross Aviation with investment funds affiliated with Centre Partners Management LLC and management. The purchase is expected to close during the second half of 2014.

Dan Bucaro, Landmark Aviation President and CEO, said: “We are very excited about this acquisition, as the high quality Ross network is complementary to ours, and will extend the Landmark network to key U.S. airports, allowing us to better serve our customers.”

“We are also looking forward to working with the various airport authorities and becoming active members in each of those communities,” Bucaro adds.

ALSO READ: Landmark acquires RSS Jet Centres in the UK

Jeff Ross, CEO of Ross Aviation, said: “We are excited for the many opportunities this combination will bring for Ross Aviation and its employees. We believe the transaction will further increase the value proposition for our customers, and we look forward to the combined company’s continued growth and success.”