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GA Telesis acquires Mountain Capital Partners
23 August 2011
The acquisition will boost GA Telesis' (GAT) aircraft and engine acquisition and leasing team to 10 people.
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GA Telesis (GAT)
Capital Partners (MCP)
Florida
Colorado
Abdol Moabery
Mark Fabian
Robert Loesch
David Ellis
Airbus A320s
GA Telesis (GAT), the commercial aerospace company in Florida, and Mountain Capital Partners (MCP) have signed an agreement to merge on September 1. MCP, based in Denver, Colorado, is a private investment firm that specialises in aircraft and engine sales and leases.
"We're seeing a lot of activity in the market place and we've been on an acquisition frenzy trying to acquire assets in what is a highly competitive market," says Abdol Moabery, CEO, GAT. "We were having difficulty putting together a team to keep up with our volume, so the best way to do it was to acquire a team."
As part...
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