Airborne Tactical Advantage Company on Recapitalization by THL Credit and Chart Capital Partners

Headwaters MB, now Capstone Partners, advised Airborne Tactical Advantage Company (ATAC), a provider of tactical aircraft and flight training services to the US military, on a recapitalization of the company. Headwaters garnered significant interest for ATAC in the marketplace and helped the company find long-term partners in THL Credit and Chart Capital Partners. The transaction reinforces ATAC’s balance sheet and provides growth capital to fund expansion opportunities.

ATAC comprises the largest private, live military airborne training program in the world. The Company has an incredible cadre of experienced aviators and advanced tactical aircraft which preserves US military frontline aircraft and combat capability during a time of diminished national defense budgets. Jeff and his team efficiently provide the warfighter with a tactical training advantage in a variety of military operations. We were proud to represent ATAC in the marketplace.

Darin GoodManaging Director, Capstone