Summit Park Completes Majority Recapitalization of Elliott Aviation
February 18, 2020
Charlotte-based private equity firm Summit Park completed a majority recapitalization of Elliott Aviation, a Moline, Illinois-based provider of MRO, FBO and aircraft sales/brokerage services. Stellus Capital Management provided unitranche debt financing to support the transaction, and Elliott's founder Wynn Elliott retains a minority ownership stake while Summit Park will partner with management to pursue growth.
- Targets
- Elliott Aviation, LLC
- Sellers
- Wynn Elliott and family
- 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.