TORONTO , Jan. 8 /PRNewswire-FirstCall/ - Wellington Financial LP, a privately held specialty finance firm, today announced a
"Wellington Financial is again pleased to be providing financing to the niche aviation market," said Mark McQueen , President & Chief Executive Office of Wellington Financial LP. "The experience we gained working with the founders of military contractor Top Aces Inc. was instrumental as we approached this complicated transaction."
"SkyLink provides unique services to demanding and important clients around the world," added Jan Ottens , President and Chief Executive Officer of SkyLink. "Wellington Financial was quick to understand and meet our needs, brought unique expertise to the table, and we are delighted with the relationship."
Akin Gump Strauss Hauer & Feld LLP of Los Angeles, CA , Morris and Morris LLP, Blake, Cassels & Graydon LLP and Goodmans LLP (all of Toronto ) provided legal advice related to this transaction. Capital Canada Ltd. acted as Agent to SkyLink on this financing.
Since 2004, Wellington Financial LP has led or participated in more than
About Wellington Financial LP
Wellington Financial LP is a privately held specialty finance firm providing operating lines of credit, term, venture and amortizing loans up to
SOURCE Wellington Financial LP
Eagle Tool and E-2 are located in Springfield and Cleveland, OH, respectively, and have a workforce of approximately 180 employees.
Together with SkyWest Airlines, Inc., SkyWest's existing wholly-owned subsidiary, the two carriers will create the largest regional airline carrier network in the domestic United States.
ACE Aviation Holdings Inc. is selling a 70 percent stake in ACTS LP, its aircraft maintenance, repair and overhaul subsidiary.