Fernweh Group LLC and its portfolio company, Dabico Corporation, have completed the previously announced acquisition of A-Bridge, LLC, with current A-Bridge investors rolling their investment into the future combined organization. Fernweh and Dabico’s proposed investment in A-Bridge is part of its overall strategy to build a leading global aviation and transportation/logistics infrastructure platform.
A-Bridge is one of the largest, pure-play providers of construction, refurbishment, repair, installation, and other services for passenger boarding bridges and other forms of ground service equipment (GSE). A-Bridge is a US-based service provider with operations based out of Indianapolis and has worked with multiple marquee airports across the United States and Canada. Recent refurbishments performed by the A-Bridge team include Indianapolis International Airport, Minneapolis−Saint Paul International Airport, and Newark Liberty International Airport.
Nick Santhanam, CEO of Fernweh Group, noted, "I would like to extend a sincere welcome to the entire A-Bridge team as we announce the completion of the acquisition. We see A-Bridge’s critical service offerings as a core component of the buildout of our platform. It was a pleasure working with the respective teams at Dabico and A-Bridge as we successfully completed the transaction, and we look forward to capitalizing on the significant market opportunities ahead.”
“On behalf of the entire team at Dabico, I would like to thank the team at A-Bridge for their partnership as we start the new year as a combined company. Through the integration of our respective teams and service offerings, our core focus will be to deliver unparalleled customer service and support across the globe,” says Juergen Strommer, Dabico CEO.
Jason Summers, managing director of A-Bridge LLC, commented, “We're grateful to begin this new chapter in our respective histories through our partnership with Dabico and their investment partner, Fernweh. We look forward to leveraging the collective expertise and customer-centric focus of our combined teams to continue to serve our customers and accelerate our growth trajectory over the coming years.”
