Warburg Pincus

July 17, 2012 - 4:00pm

Camp Systems International purchased maintenance-tracking provider Avtrak last week. In early May, Camp was sold by private equity firm Warburg Pincus to another private equity company, GTCR (owner of the Landmark Aviation FBO chain), for a reported $600 to $700 million.

Camp CEO Ken Gray said that he had indicated an interest in buying Avtrak to co-founders Joe and Glenn Hertzler. He added, “The Hertzler brothers made a decision for personal reasons that it was time to exit, and we were a logical acquirer.”

 
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