Bain Capital Acquires APP Jet Center
January 29, 2026
Bain Capital has acquired APP Jet Center, a five-location fixed-base operator (FBO) platform, from Ridgewood Infrastructure. The investment—led by Bain Capital Real Estate—marks Bain's entry into the FBO sector; Mark Johnstone, former CEO of Signature Aviation, will lead APP as Bain plans to expand the platform into additional supply-constrained markets. Financial terms were not disclosed.
- Buyers
- Bain Capital
- Targets
- APP Jet Center
- Sellers
- Ridgewood Infrastructure
- Industry
- Aerospace & Defense
- Location
- Florida, United States
- Transaction Type
- Buyout
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Ridgewood Infrastructure Acquires APP Jet Center
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Ridgewood Infrastructure LLC announced the acquisition of APP Jet Center, a U.S. fixed-base operator (FBO) that owns and operates general aviation terminals in multiple metropolitan markets. Ridgewood said it will partner with APP's management to grow the business organically and through selective acquisitions, leveraging Ridgewood's transportation infrastructure experience.
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