Bison Capital Structured Equity Partners, LLC Announces Recapitalization of Helinet Aviation Services
Los Angeles, CA – May 1, 2007 – Bison Capital Equity Partners I, LP announced that Helinet Aviation Services, Inc. has recapitalized a majority of Bison Capital’s investment in the company, with Bison remaining as a minority equity holder post-recapitalization. Helinet Aviation Services, LLC, is a diversified provider of helicopter flight services to the news media, medical transport, entertainment production and corporate travel industries.
Helinet Aviation
Helinet Aviation Services, LLC, is a diversified provider of helicopter flight services to the news media, medical transport, entertainment production and corporate travel industries. Helinet’s growing 37 helicopter fleet is equipped with the latest cameras and mounts and are flown by highly skilled pilots with operations and landing rights throughout the United States.
Leading affiliated stations around the country use Helinet for breaking news coverage. Furthermore, the company and its founder Alan Purwin are recognized as the leading aerial experts for challenging shots and stunts in the film and advertising businesses.
The company transports lifesaving organs as well as patients in need of specialized care to some of California’s largest hospitals, including Children’s Hospital of Los Angeles, UCLA Medical Center, USC University Hospital, Cedars-Sinai Medical Center and UCI Medical Center. In addition, Helinet frequently flies heads of state, celebrities and Fortune 500 executives. Helinet is headquartered in Van Nuys, CA.
About Bison Capital
Bison Capital is a Los Angeles and New York based private equity firm that makes growth capital investments in middle‐market companies, public or private, for expansion, acquisitions, and balance sheet recapitalizations. The firm’s primary investment focus is partnering with entrepreneurs and management teams seeking capital to grow their businesses. www.bisoncapital.com
