GENSTAR CAPITAL JOINS GTCR AS INVESTOR IN JSSI
Private equity firm Genstar Capital has announced a significant investment in Jet Support Services Inc.
JSSI is a leading independent provider of aircraft maintenance support and financial tools for the business aviation industry.
Neil Book, CEO of JSSI, said, “We are laser focused on creating value for our customers by simplifying and easing the complexities of aircraft maintenance. My team and I are appreciative for the ongoing collaboration with GTCR, which has been a fun and rewarding partnership since 2020. As we start this next chapter, Genstar is an ideal partner, with a tremendous track record, to support our growth plan.”
“Since our investment in 2020 we have worked closely with Neil to accelerate JSSI’s growth, including completing two key acquisitions to significantly grow the company’s maintenance tracking software business and deliver advanced solutions to a wider cross section of the business aviation community,” commented Craig A. Bondy, MD at GTCR. “Genstar’s investment is a testament to the hard work of the JSSI team and the value proposition they deliver to customers.”