APP Jet Center is Acquired by Ridgewood Infrastructure
APP Jet Center announces its acquisition today by Ridgewood Infrastructure LLC (“Ridgewood“), a leading infrastructure investor in the U.S.
Dan Harrow, APP Jet Center CEO, said: “We founded APP in 2009 and were recently seeking a value-adding partner to help us achieve our potential. We are thrilled to be partnering with Ridgewood as we take the next step with our business. Ridgewood has deep transportation infrastructure experience and a track record of success working with companies like ours.”
Ridgewood Partner Ryan Stewart said: “APP has an outstanding business model, centered on providing exceptional service to its long-standing and high-quality customer base. With a strong foundation built upon key facilities in several major metropolitan markets, Ridgewood looks forward to working in partnership with APP to continue growing the business, both organically and through selective acquisition. We are excited to help take APP to the next level with continued focus on fostering long-term partnerships with our customers and an ongoing commitment to operational excellence and sustainability.”
The complete announcement of the acquisition may be found here.