Ravn Air Group on a Recapitalization

Headwaters MB, now Capstone Partners, announced that it advised Ravn Air Group (Ravn), the leading provider of regional air transportation and logistics services in Alaska, on its recapitalization by J.F. Lehman & Company.

It was an absolute pleasure working with the professionals at Headwaters and I would highly recommend them to anyone. Thank you so much for the education, and ultimately the satisfaction of having a successful transaction. Now I know what an ‘investment bank of the year’ looks like.

Bob HajdukovichCEO, Ravn Air Group

“We are delighted to have facilitated this important ownership transition for certain Ravn shareholders and are excited to position the company for growth as it continues to enhance the critical services it provides to the people and businesses of Alaska,” said Ian Cookson, Managing Director at Headwaters MB.

The recapitalization was completed by J.F. Lehman & Company in partnership with W Capital Partners and the Hajdukovich family of Fairbanks, Alaska. Debt Financing was provided by BNP Paribas and KeyBanc Capital Markets. Terms of the transaction were not disclosed.

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