Heartwood Partners backs The Xtreme Group’s aviation services expansion
The investment supports additional capacity, services and geographic reach.
Heartwood Partners has announced a growth investment in The Xtreme Group. The transaction closed on May 29 and was announced on September 22; financial terms were not disclosed.
The aviation maintenance group’s existing management will continue to lead the business. Heartwood will support expansion into new locations and service lines, additional capacity and potential acquisitions.
Use of funds
Expand geographic reach
Broaden service lines
Increase capacity