Exchange Income Corporation Acquires Crew Training International
December 16, 2021
Exchange Income Corporation (EIC) has acquired Crew Training International, Inc. (CTI), a Memphis-based provider of advanced pilot and sensor-operator training for military and commercial customers. CTI, founded in 1992 and headquartered in Memphis, Tennessee, will expand EIC's aerospace and aviation services capabilities and government training footprint.
- Buyers
- Exchange Income Corporation
- Targets
- Crew Training International, Inc.
- Sellers
- Crew Training International shareholders (founder Alan Mullen mentioned)
- Industry
- Aerospace & Defense
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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