Landmark Aviation Acquires 20-Strong Ross FBO Chain
Fresh on the heels of news earlier this month that it had purchased the three UK locations of RSS Jet Centre, Landmark Aviation made an even bigger splash with an announcement yesterday that it has agreed to purchase Colorado-based Ross Aviation. Ross, whose 20 FBOs operated under their own individual names, quietly rose to become the fifth-largest chain of aviation service providers in the U.S. since its launch a decade ago. The chain added five facilities over the past year alone.
The transaction includes the Ross-owned FBOs in Denver, Santa Fe and Miami, as well as the six Bradley Pacific locations in Hawaii. The acquisition will increase Landmark’s roster to 60 domestic locations and 76 overall.
“It fits well in our network, and it gives us added strength in the West, which we really needed,” Landmark president and CEO Dan Bucaro told AIN. “When you look at the acquisition on a map, it certainly improves where we are at and the relevance of our network to our customers.”
Terms of the transaction were not disclosed and the deal is expected to close in the second half of the year, pending approval of authorities.