Wynnchurch Capital invests in strategic growth of Carson Air
U.S. private equity firm Wynnchurch Capital has made an investment in Carson Air Ltd, a Kelowna, B.C.-based provider of fixed-wing air ambulance services, air cargo services, and flight school training. No financial terms were disclosed. Carson Air President Kevin Carson said the company plans to use its partnership with Wynnchurch to pursue strategic growth opportunities. Wynnchurch Managing Director Morty White said Carson Air is an "ideal platform investment" that will target growth in adjacent markets and new services. Wynnchurch, which has offices in Toronto and Montréal, closed its fourth mid-market fund at US$1.2 billion last November.
8 October 2015•3 mins read
