Bain Capital has acquired APP Jet Center, a provider of aviation services at high-quality, supply-constrained airports in the United States, from Ridgewood Infrastructure.
APP Jet Center is a well-established fixed-base operator (FBO) with a portfolio of five locations across the United States, serving business and general aviation customers in markets such as south Florida; the Washington, D.C., region; the San Francisco Bay Area; and Denver. The platform provides a full suite of aviation real estate and related services, including aircraft hangar space and fueling.
This marks Bain Capital’s entry into the FBO sector. The firm said it plans to actively expand APP’s footprint with additional high-quality assets serving supply-constrained markets. Mark Johnstone, the former CEO of Signature Aviation, will lead the business, with a focus on enhancing the platform’s operations and selectively expanding its footprint in attractive markets, while investing across the
