Sterling Group Adds to New Lynx FBO Network | Aviation International News

Sterling Group Adds to New Lynx FBO Network

Launched at the end of September, the private-equity fund owned chain is the latest player in the FBO consolidation market

The acquisition of the Aurora Jet Center at Oregon's Aurora State Airport, is the second location for the fledgling Lynx FBO Network. It gives the company FBOs on both coasts, following its initial purchase of Florida's Destin Jet Center.

By Curt Epstein • Business Aviation Services Editor

November 4, 2016

Private equity firm The Sterling Group, which launched itself into the FBO consolidation arena in September with the purchase of Florida’s Destin Jet Center, has unveiled the name of its new aviation services chain and acquired its second location. The Lynx FBO Network, as it is now known, is backed by Sterling, a middle-market investment fund that manages more than $2.4 billion in assets. Its latest purchase, announced earlier this week, is Aurora Jet Center, one of three service providers at Aurora State Airport, which serves the metropolitan Portland, Oregon area.

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