Fixed-Base Operator APP Jet Center Acquired By Private Investment Firm Bain Capital Ridgewood Infrastructure, an investor focused on essential infrastructure in the United States lower-middle market, has announced the successful sale of APP Jet Center, a fixed-base operator platform providing critical aviation infrastructure services, to Bain Capital. APP operates high-quality aviation facilities across major U.S. metropolitan markets, serving a diversified base of corporate, government, and private aviation customers. Ridgewood acquired a controlling interest in APP through a bilateral transaction and partnered with management to drive organic growth initiatives, expand hangar capacity, and complete a material add-on acquisition that increased the company’s presence in Florida – one of the most active private-aviation markets in the United States.
