Equivu Capital Takes Majority Stake in Leading Edge Aviation Services

ProA Capital Acquires 70% Stake in Avioparts

September 7, 2023

Logistics & Distribution

Spanish private equity firm ProA Capital has agreed to acquire roughly 70% of Avioparts, a distributor of aircraft components, lubricants and logistics solutions, in a deal that values the company at about €40 million. The transaction is structured as a share purchase plus a capital increase to support Avioparts’ organic and inorganic growth; founder David Fojon will remain CEO and a minority shareholder.

Granite Creek Capital Partners and Equivu Capital Invest in Odyssey Aviation U.S.

September 13, 2022

Transportation

Chicago-based private equity firm Granite Creek Capital Partners has made an investment in Odyssey Aviation U.S., a fixed-base operator (FBO) headquartered in Bonita Springs, Florida. The transaction supports a broader recapitalization in which Equivu Capital (the investment arm of CEO Salvatore Calvino) becomes the majority shareholder; proceeds will fund growth, strengthen operations, and support geographic expansion of Odyssey's FBO network.

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.

Leading Edge Avionics Acquires Advantage Avionics

October 19, 2021

Aerospace & Defense

Leading Edge Avionics has acquired Advantage Avionics (Chino) to create the largest avionics support network in Southern California. The deal expands Leading Edge’s service footprint by adding coverage at roughly 30 additional airports and combines capabilities and mobile AOG services while preserving ongoing installs and customer service continuity.

Granite Creek and Equivu Acquire Majority Stake in C&C Manufacturing

September 24, 2021

Manufacturing

Chicago-based Granite Creek Capital Partners partnered with Equivu Capital (the investment arm of Salvatore Calvino) to acquire a majority stake in C&C Manufacturing (formerly Al-jon Manufacturing). Equivu's Salvatore Calvino was named CEO and the investment will provide working capital to grow the company's workforce, expand parts and services, and capitalize on demand across scrap recycling, waste management, and airport maintenance markets.

Featheringill Capital Acquires Majority Stake in InvestEdge

October 2, 2020

Software

Featheringill Capital acquired a majority interest in InvestEdge, Inc., a provider of compliance, portfolio management, and UMA software for wealth managers. The investment provides InvestEdge with capital to strengthen its financial position and accelerate product development and customer support, with senior management supporting and participating in the transaction.