Sentient Jet Holdings Acquires The Air Group, Inc.

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Transactions

Sentient Jet Holdings Acquires The Air Group, Inc.

Kerlin was engaged by The Air Group, Inc. in the sale of the company. The Air Group, based in Van Nuys, California, provides corporate aviation services including aircraft management, charter management and sales, and FAA-authorized maintenance and repair services. Over the years, the Air Group had been approached by a number of potential acquirers. Sentient Jet Holdings was seeking an acquisition to expand its presence in the Los Angeles and New York markets as well as broaden its portfolio of aircraft. Kerlin led the effort to prepare the company for a sale including developing marketing materials and organizing the due diligence process. Following the marketing process, Sentient Jet was selected as the buyer. Kerlin assisted in the negotiation of terms for the transaction. The acquisition provided a liquidity event for the owners of the company.