This website uses cookies
More information
Business Air News Bulletin
Business Air News Bulletin
The monthly news publication for aviation professionals.
Related background information from the Handbook...

APP Jet Center
FBO/Handler (Manassas Regional/Harry P Davis Field / Manassas)

APP Jet Center
FBO/Handler (Hayward Executive / Hayward)

APP Jet Center
FBO/Handler (Treasure Coast International / Fort Pierce)

BAN's World Gazetteer

Virginia

California
Florida
The monthly news publication for aviation professionals.

Request your printed copy

Ridgewood acquires APP Jet Center
APP Jet Center has three FBO facilities across the US plus hangarage at a Colorado airport. Its purchase by Ridgewood should stimulate company growth.
APP Jet Center's Hayward Executive airport FBO.

APP Jet Center, an FBO that owns and operates essential aviation infrastructure at Treasure Coast International airport in Fort Pierce, Florida; Hayward Executive airport in California; and Manassas Regional airport in Virginia, has been acquired by US investor Ridgewood Infrastructure. APP also offers hangarage at Denver Centennial airport in Colorado.

"We founded APP in 2009 and were recently seeking a value-adding partner to help us achieve our potential," says CEO Dan Harrow. "We are thrilled to be partnering with Ridgewood as we take the next step with our business. Ridgewood has deep transportation infrastructure experience and a track record of success working with companies like ours."

"APP has an outstanding business model, centred on providing exceptional service to its long-standing and high-quality customer base," says Ridgewood partner Ryan Stewart. "With a strong foundation built upon key facilities in several major metropolitan markets, Ridgewood looks forward to working in partnership with APP to continue growing the business, both organically and through selective acquisition. We are excited to help take APP to the next level with continued focus on fostering long-term partnerships with our customers and an ongoing commitment to operational excellence and sustainability."

Ridgewood managing partner Ross Posner adds: "We are thrilled to be partnered with Dan and the APP team and to have the opportunity to add this investment to our portfolio. We look forward to working together to accelerate APP's growth. Ridgewood's investment in APP exemplifies our ability to create differentiated exposure to essential infrastructure in the US lower middle market, drive value and deliver beneficial outcomes."

Other News
 
Plane Simple antenna approved for Jet ConneX inflight broadband
February 19, 2024
SD's Plane Simple Ka-band terminal is now fully compatible with Jet ConneX. It will connect immediately with existing and next-gen Viasat GX satellites and more than double the amount of data traffic.
APP breaks ground on expansion and renovation in Florida
February 19, 2024
There is an increasing demand for hangar space at Treasure Coast International airport, and APP's investment in hangars and enhancements allows it to expand its customer offering.
Mauritius and Malaysia locations join Air Elite Network
February 2, 2024
World Fuel has welcomed Jet Prime Mauritius and SkyPark Malaysia to its Air Elite Network.