Lynx FBO Network (The Sterling Group) Acquires FTC FBO at Morristown Airport
October 16, 2019
Lynx FBO Network, a portfolio company of The Sterling Group, has acquired the assets of FTC FBO and will operate a second full-service FBO at Morristown Airport (MMU) near New York City. Stellus Capital Management provided unitranche financing and an equity co-investment to support the transaction as Lynx expands its national FBO network.
- Buyers
- Lynx FBO Network, The Sterling Group, Stellus Capital Management, LLC
- Targets
- FTC FBO
- Sellers
- FTC FBO
- Platforms
- Lynx FBO Network
- Industry
- Transportation
- Location
- New Jersey, United States
- Transaction Type
- Addon
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