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

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.