Steve Townes

Ranger Aerospace, with head offices in Greenville SC, is a privately held investment and management holding company that partners with private equity institutions to acquire and grow companies in aviation services and aerospace support operations. Since early 1997, the firm has sparked hundreds of millions of dollars in buying, selling, and financing transactions. Ranger Aerospace and its subsidiaries and predecessors have operated aviation services businesses in as many as 56 cities in North America, Europe and the Bahamas, servicing over 2.4 million commercial flights per year. Ranger's acquisition criteria will be shared with serious inquirers, but these criteria include: revenues above $10 million or EBITDA above $2 million; must be consistently profitable; must have strong management; good strategic fit with Ranger objectives and other Ranger operations. Smaller companies will be considered if they command a strong niche.