11.01.2022 – 20:56
New York (ots/PRNewswire)
Ridgewood Infrastructure LLC (“Ridgewood”), a leading US infrastructure investor, today announced the acquisition of APP Jet Center, an FBO services company that owns and operates essential aviation infrastructure.
“APP has a great business model focused on delivering exceptional service to its consistent, high-quality customer base,” stated Ryan Stewart, Partner at Ridgewood Ridgewood is looking forward to working with APP to further grow the business both organically and through selected acquisitions. ” Stewart added, “We are excited to continue developing APP. The focus is on promoting long-term partnerships with our customers and a continuous commitment to operational excellence and sustainability. “
Dan Harrow, CEO of APP, stated: “We founded APP in 2009 and have recently been looking for a value-adding partner to realize our potential. We look forward to partnering with Ridgewood and taking the next step with our business. Ridgewood has extensive experience in transportation infrastructure and has had a number of successes working with companies like ours. “
Ross Posner, Managing Partner of Ridgewood Infrastructure stated, “We are very excited to partner with Dan and the APP team and to add this investment to our portfolio. We look forward to working together to accelerate APP’s growth. “Posner added,” Ridgewood’s investment in APP demonstrates the value of our ability to create differentiated exposure to critical infrastructure in the lower mid-US market to increase and achieve positive results. “
Information on Ridgewood Infrastructure
Ridgewood Infrastructure invests in key infrastructures in the lower mid-market segment of the United States. It is part of affiliated Ridgewood Companies, a leading real estate investment manager with total capital and commitments of over $ 5 billion.
Ridgewood Infrastructure invests in its first fund, which was oversubscribed and closed with a hard cap. Ridgewood Infrastructure focuses on the lower middle class in the United States, making investments that deliver critical services to customers and implementing responsible and operational value-creation initiatives. With this strategy, Ridgewood is focused on producing beneficial results for those involved with investments that generate long-term, high quality, uncorrelated cash flows. For more information please visit www.ridgewoodinfrastructure.com.
For more information:
34 East 51st Street, 9th Floor
New York, NY 10022
Phone: (212) 867-0050
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Original content by: Ridgewood Infrastructure, transmitted by news aktuell