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BOSTON, MA--(Marketwired - May 26, 2016) - Seacoast Capital ("Seacoast") announced today that it, in partnership with Patriot Capital, has provided preferred equity growth financing to Avenger Flight Group ("AFG" or the "Company") to support the Company's expansion. Based in Ft. Lauderdale, FL, AFG provides full motion flight simulator training and services to civil aviation clients across North America through its strategically located facilities in Ft. Lauderdale, FL, Las Vegas, NV, Mexico City, Mexico and now Dallas, TX. Tom Gorman, a Partner with Seacoast, commented, "AFG CEO, Pedro Sors and his team have built a unique and promising Company that provides a critical service to the domestic and international commercial aviation industry and flight training community. Given the growing demand for pilot training, matched with the continued rise of low cost air travel, we believe that AFG's business is well timed, and has the right team in place to continue to grow and provide superior service to its customers." |
