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Charter & Fractional
TPG Growth To Acquire Charter Firm TMC Jets
Firm is acquiring TMC Jets for an undisclosed amount from founder Pete Liegl, who formed the company in 2006.
Capital equity firm TPG Growth is acquiring Travel Management Co. (TMC Jets), an Elkhart, Ind.-based on-demand aircraft charter firm that has 65 wholly owned Hawker 400XPs and 800XPs. Its fleet also includes two Challenger 604s and a King Air 200. The transaction is expected to close in the first quarter. (Photo: Travel Management Company)
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By
Chad Trautvetter
• News Editor at AIN
January 7, 2016
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