Stratford-Cambridge Group Acquires Jet Edge Waterjet Systems from Spell Capital Partners

Vista Global Holding Acquires Jet Edge

March 31, 2022

Transportation

Vista Global Holding has acquired Jet Edge, a leading U.S. large-cabin and super-midsize private jet charter, management and maintenance platform, expanding Vista's North American footprint and growing its fleet by roughly 100 aircraft. As part of the transaction, XOJET Aviation will acquire a majority stake in certain Part 135 certificates (Jet Select and Western Air Charter), and more than 800 Jet Edge employees and maintenance infrastructure (including a Part 145 facility) will join the Vista group.

Jet Edge International Acquires JetSelect Aviation

January 14, 2020

Aerospace & Defense

Jet Edge International acquired Columbus, Ohio–based JetSelect Aviation to expand its fleet, bolstering its super-midsize and large-cabin charter offerings and bringing the combined fleet to more than 85 aircraft. Jet Edge will retain JetSelect’s Columbus operations and staff, integrating JetSelect’s Challenger- and Learjet-series aircraft to strengthen domestic hub coverage and point-to-point charter capability.

Prototek Acquires Sac EDM & Waterjet

January 18, 2022

Manufacturing

Prototek Holdings LLC completed the acquisition of Sacramento EDM, Inc. (Sac EDM & Waterjet), adding two Rancho Cordova, California facilities (26,000 sq. ft.) and expanded CNC, waterjet and EDM capabilities. The deal expands Prototek's digital manufacturing platform and West Coast footprint; Sac EDM's President Dan Folk will join Prototek as Vice President of Wire EDM and Waterjet Cutting. Prototek is backed by private equity firm TruArc Partners.

Edgewater Funds and Partners Invest in Turbine Engine Specialists (TES)

October 17, 2023

Aerospace & Defense

Edgewater Growth Capital Partners V, L.P. led an investment in Turbine Engine Specialists (TES), a Fort Worth, Texas–based aftermarket provider of turbine engine MRO, rental and parts distribution for the global private aviation market. The transaction includes co-investors Banbury Private Capital, HF Capital and existing investor Killick Capital; TES will retain its full leadership team as the investors provide capital to support the company’s growth initiatives.

Edgewater Capital Partners Acquires GL CHEMTEC

August 11, 2022

Pharmaceuticals

Edgewater Capital Partners, a Cleveland-based lower middle-market private equity firm, has acquired GL CHEMTEC, a chemistry-based contract research organization (CRO) headquartered in Oakville, Ontario. Edgewater will support GLC's expansion of API development, scale-up and advanced materials capabilities to accelerate growth across North American pharma and life-sciences customers.

General Atlantic Credit, Blackstone and Morgan Stanley Invest $425M in Buyers Edge Platform

April 8, 2024

Food & Beverage

Buyers Edge Platform secured a $425 million preferred equity investment led by General Atlantic Credit’s Atlantic Park fund, alongside Blackstone Tactical Opportunities and Morgan Stanley Tactical Value. The financing will fund platform innovation, strategic M&A and European expansion; institutional investor Bregal Sagemount will exit its minority stake while founder John Davie increases his majority ownership.