Basalt Infrastructure Partners Acquires Fortbrand Services from Wincove Private Holdings

Wincove Invests in Fortbrand Services

April 9, 2019

Aerospace & Defense

Wincove Private Holdings has made a minority/growth investment in Fortbrand Services, a provider of aircraft ground support and airfield maintenance equipment. Wincove will partner with existing management (including Peter Stearn) and industry executive Salvatore Calvino to support Fortbrand's strategic growth across North America and Europe.

Fortbrand Acquires Xcēd Aviation Services from Sasser

July 17, 2025

Transportation

Fortbrand Services LLC, a portfolio company owned by funds advised by Basalt Infrastructure Partners LLP, has acquired Xcēd Aviation Services LLC from Sasser, Inc. The acquisition expands Fortbrand's GSE and AME leasing footprint — creating a combined fleet of over 4,900 pieces of equipment across more than 190 airports — and is intended to enhance service capabilities for airlines, airports, ground handlers and cargo operators.

STS Aviation Group Acquires Airbase Services, Inc.

January 6, 2020

Transportation

STS Aviation Group acquired Airbase Services, Inc., an aircraft interiors maintenance, repair and management specialist based in Montreal, Quebec. The acquisition gives STS immediate entry into the Canadian MRO market through Airbase’s four Transport Canada–approved facilities (YUL, YYZ, YWG, YVR); terms were not disclosed and Airbase’s acting president Lena Watters will remain on as President.

Jet Aviation Acquires ASTONSKY FBO Operations at Paris-Le Bourget

August 1, 2025

Aerospace & Defense

Jet Aviation has acquired ASTONSKY's ground handling, hangarage and FBO operations at Paris-Le Bourget Airport in France. The acquisition expands Jet Aviation's EMEA FBO network and adds a flagship Paris-Le Bourget location offering handling, fueling, hangarage and passenger/crew services.

Igneo Infrastructure Partners Acquires Infinity Aviation Group

June 11, 2025

Transportation

Igneo Infrastructure Partners, a global infrastructure investment manager, has acquired Infinity Aviation Group, a fixed‑base operator (FBO) platform headquartered in Nashua, New Hampshire, including on‑airport assets at Boire Field (KASH). Transaction terms were not disclosed; Igneo named Steven Levesque CEO of Infinity Aviation and said it will invest to grow and develop general aviation infrastructure across North America as part of its dedicated North American strategy.

Basalt Infrastructure Partners Acquires Fatbeam from SDC Capital Partners

May 31, 2023

Telecommunications

Funds advised by Basalt Infrastructure Partners have closed the acquisition of Fatbeam Holdings, LLC from a fund managed by SDC Capital Partners and other investors. Fatbeam is a fiber broadband provider operating ~1,250 route miles across the western United States; Basalt said it will partner with management to continue the company’s growth and expand connectivity to education, commercial, carrier, and government customers.