Alderman Facilitates Client Recapitalization
Recapitalization of Aviation Repair Technologies, LLC
Recapitalization of Aviation Repair Technologies, LLC
DANBURY, Conn., Jan. 26, 2016 /PRNewswire/ -- Today Alderman & Company® announced that its client, Aviation Repair Technologies, LLC, based in Blytheville, Arkansas, has entered into a series of financial transactions that dramatically strengthen the capital structure of the business, including raising equity and reducing indebtedness. Alderman & Company® served as exclusive financial advisor to Aviation Repair Technologies in regard to these transactions.
Benito Quevedo, President of Aviation Repair Technologies, commented, "Alderman worked hard on our behalf and was instrumental in helping us achieve this favorable outcome."
About Aviation Repair Technologies
Aviation Repair Technologies ("ART") is an FAA and EASA-certified repair station specializing in airframe maintenance and modification services and component maintenance, repair, and overhaul services for the most popular commercial and regional aircraft operating today. ART's maintenance complex at the Arkansas International Airport is able to receive and accommodate all aircraft types with an all-weather, 11,600-foot ILS-equipped runway and fuel farm. In addition to fully-developed airport facilities, ART also offers: five large heavy aircraft maintenance hangars for airframe services, modern and clean workshops for structures and components, over 100,000 sq. ft. of secure warehouse space for component logistics services, extensive ramp space for aircraft storage and disassembly, and approximately 30,000 sq. ft. of corporate office space with dedicated facilities for on-site customer representatives. More about ART can be found on www.artmaintenance.com
About Alderman & Company®
Founded in 2001, Alderman & Company® provides strategic and financial advice to companies, and their shareholders, lenders, and other stakeholders, in the middle-market of the aerospace and defense industry. Alderman operates through three affiliated companies: Alderman & Company Advisors, LLC (registered investment advisor), Alderman & Company Capital, LLC (broker-dealer), and Alderman & Company Consulting, LLC (management consulting). All securities transactions are made through Alderman & Company Capital, LLC, a member of FINRA and SIPC and registered with the United States Securities and Exchange Commission. More about Alderman & Company® can be found on www.aldermanco.com
Alderman & Company
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SOURCE Alderman & Company
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