Author: Brenda Marie Rivers|| Date Published: August 22, 2019
AE Industrial Partners has wrapped up its acquisition of Columbia Helicopters, an operator of heavy-lift helicopters and provider of aircraft maintenance, repair and overhaul services. Financial terms of the deal were not disclosed.
The investment company said Wednesday that Kirkland & Ellis served as its legal adviser on the transaction while Rothschild & Co. and PwC acted as financing and financial advisers, respectively.
Tonkon Torp and Greenhill & Co. were the legal and financial advisers to Columbia. AEI first announced the deal and retained Columbia CEO Steve Bandy in his post back in July.
“This new partnership supports our vision of growth and diversification,” Bandy said at the time.
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Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…