Blackstone Credit & Insurance Recapitalizes Jet Support Services (JSSI)
December 13, 2024
Blackstone Credit & Insurance provided over $1 billion in new financings to support the recapitalization of Jet Support Services, Inc. (JSSI), joining equity alongside existing sponsors GTCR and Genstar Capital. The financing (part of >$1.8 billion in debt and equity provided by Blackstone-managed funds) is intended to strengthen JSSI's capital structure, enhance operational capabilities, and support continued growth in the business aviation aftermarket.
- Targets
- Jet Support Services, Inc. (JSSI)
- Sellers
- GTCR, Genstar Capital
- Industry
- Aerospace & Defense
- Location
- Illinois, United States
- Transaction Type
- Recapitalization
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.