Latest news with #Greenbriar
Associated Press
22-05-2025
- Business
- Associated Press
KKR Leads Financing for Greenbriar's Acquisition of West Star Aviation
NEW YORK--(BUSINESS WIRE)--May 22, 2025-- KKR, a leading global investment firm, today announced that credit funds and accounts managed by KKR served as lead investors on a debt financing for Greenbriar Equity Group's acquisition of West Star Aviation ('West Star' or the 'Company'). Since its founding in 1947, West Star has built a reputation as a premier service provider for business aviation. The Company offers comprehensive MRO capabilities across aircraft manufactured by every major OEM and maintains the largest aircraft on ground ('AOG') technician network nationally, ensuring prompt and reliable mobile repair services. Supported by a deeply knowledgeable and experienced management team, West Star remains focused on delivering excellent customer service and quality. 'West Star is an exceptional business with comprehensive capabilities and a strong customer value proposition that aligns with Greenbriar's strategy of partnering with market leading aviation and aerospace businesses poised for growth,' said Noah Blitzer, a Managing Director at Greenbriar. 'We are grateful for KKR's support, which will help enable us, alongside management, to continue building on West Star's legacy as a premier MRO provider delivering high quality service to its customers.' 'We are pleased to support Greenbriar in its acquisition of West Star Aviation, which we believe is well-positioned to expand its market reach in the resilient and growing aviation MRO space,' said Gene Kolodin, a Managing Director at KKR. About KKR KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at About Greenbriar Greenbriar is a middle market private equity firm with 20+ years of experience investing in market-leading services and manufacturing businesses. With $10+ billion of cumulative capital commitments, its investment strategy targets businesses led by experienced management teams capitalizing on strong long-term growth prospects that can benefit from Greenbriar's deep sectoral expertise, strategic insight, and operating capabilities. For more information, please visit About West Star Aviation With more than 78 years of industry experience, West Star Aviation stands as a leading independent Maintenance, Repair, and Overhaul (MRO) provider. Employing over 3,000 professionals, West Star offers comprehensive services from our strategically located full-service facilities in East Alton, IL; Grand Junction, CO; Chattanooga, TN; Millville, NJ; Perryville, MO; and Statesville, NC, as well as multiple satellite locations. The company's extensive capabilities encompass airframe maintenance, paint, interior, and avionics services, supported by the largest Aircraft On Ground (AOG) technician network in the country, ensuring prompt and reliable mobile repair services nationwide. View source version on Julia Kosygina or Lauren McCranie |[email protected] KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: KKR Copyright Business Wire 2025. PUB: 05/22/2025 07:00 AM/DISC: 05/22/2025 06:59 AM
Yahoo
22-05-2025
- Business
- Yahoo
KKR Leads Financing for Greenbriar's Acquisition of West Star Aviation
NEW YORK, May 22, 2025--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that credit funds and accounts managed by KKR served as lead investors on a debt financing for Greenbriar Equity Group's acquisition of West Star Aviation ("West Star" or the "Company"). Since its founding in 1947, West Star has built a reputation as a premier service provider for business aviation. The Company offers comprehensive MRO capabilities across aircraft manufactured by every major OEM and maintains the largest aircraft on ground ("AOG") technician network nationally, ensuring prompt and reliable mobile repair services. Supported by a deeply knowledgeable and experienced management team, West Star remains focused on delivering excellent customer service and quality. "West Star is an exceptional business with comprehensive capabilities and a strong customer value proposition that aligns with Greenbriar's strategy of partnering with market leading aviation and aerospace businesses poised for growth," said Noah Blitzer, a Managing Director at Greenbriar. "We are grateful for KKR's support, which will help enable us, alongside management, to continue building on West Star's legacy as a premier MRO provider delivering high quality service to its customers." "We are pleased to support Greenbriar in its acquisition of West Star Aviation, which we believe is well-positioned to expand its market reach in the resilient and growing aviation MRO space," said Gene Kolodin, a Managing Director at KKR. About KKR KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at About Greenbriar Greenbriar is a middle market private equity firm with 20+ years of experience investing in market-leading services and manufacturing businesses. With $10+ billion of cumulative capital commitments, its investment strategy targets businesses led by experienced management teams capitalizing on strong long-term growth prospects that can benefit from Greenbriar's deep sectoral expertise, strategic insight, and operating capabilities. For more information, please visit About West Star Aviation With more than 78 years of industry experience, West Star Aviation stands as a leading independent Maintenance, Repair, and Overhaul (MRO) provider. Employing over 3,000 professionals, West Star offers comprehensive services from our strategically located full-service facilities in East Alton, IL; Grand Junction, CO; Chattanooga, TN; Millville, NJ; Perryville, MO; and Statesville, NC, as well as multiple satellite locations. The company's extensive capabilities encompass airframe maintenance, paint, interior, and avionics services, supported by the largest Aircraft On Ground (AOG) technician network in the country, ensuring prompt and reliable mobile repair services nationwide. View source version on Contacts Julia Kosygina or Lauren McCranie | Media@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
22-05-2025
- Business
- Business Wire
KKR Leads Financing for Greenbriar's Acquisition of West Star Aviation
NEW YORK--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced that credit funds and accounts managed by KKR served as lead investors on a debt financing for Greenbriar Equity Group's acquisition of West Star Aviation ('West Star' or the 'Company'). Since its founding in 1947, West Star has built a reputation as a premier service provider for business aviation. The Company offers comprehensive MRO capabilities across aircraft manufactured by every major OEM and maintains the largest aircraft on ground ('AOG') technician network nationally, ensuring prompt and reliable mobile repair services. Supported by a deeply knowledgeable and experienced management team, West Star remains focused on delivering excellent customer service and quality. 'West Star is an exceptional business with comprehensive capabilities and a strong customer value proposition that aligns with Greenbriar's strategy of partnering with market leading aviation and aerospace businesses poised for growth,' said Noah Blitzer, a Managing Director at Greenbriar. 'We are grateful for KKR's support, which will help enable us, alongside management, to continue building on West Star's legacy as a premier MRO provider delivering high quality service to its customers.' 'We are pleased to support Greenbriar in its acquisition of West Star Aviation, which we believe is well-positioned to expand its market reach in the resilient and growing aviation MRO space,' said Gene Kolodin, a Managing Director at KKR. About KKR KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at About Greenbriar Greenbriar is a middle market private equity firm with 20+ years of experience investing in market-leading services and manufacturing businesses. With $10+ billion of cumulative capital commitments, its investment strategy targets businesses led by experienced management teams capitalizing on strong long-term growth prospects that can benefit from Greenbriar's deep sectoral expertise, strategic insight, and operating capabilities. For more information, please visit About West Star Aviation With more than 78 years of industry experience, West Star Aviation stands as a leading independent Maintenance, Repair, and Overhaul (MRO) provider. Employing over 3,000 professionals, West Star offers comprehensive services from our strategically located full-service facilities in East Alton, IL; Grand Junction, CO; Chattanooga, TN; Millville, NJ; Perryville, MO; and Statesville, NC, as well as multiple satellite locations. The company's extensive capabilities encompass airframe maintenance, paint, interior, and avionics services, supported by the largest Aircraft On Ground (AOG) technician network in the country, ensuring prompt and reliable mobile repair services nationwide.
Yahoo
28-02-2025
- General
- Yahoo
Honoring Black History: The origin of Savannah's Greenbriar Children's Center
For the past 75 years, Greenbriar Children's Center has been a place of refuge for young people who've often had to deal with circumstances beyond their to understand its mission, you have to consider its past. Greenbriar Children's Center's began with a vision for a brighter future for Black children in started with a charitable donation from local philanthropist, Adeline Graham, who passed away in her will she left $2,200 dollars to be used for an orphanage. Gena Taylor is the center's Executive Director. She says prior to this time, young black children without parental support were placed in local penal facilities like the Brown Farm— a 400 acre Jim Crow era camp surrounding Montgomery Cross Road where inmates labored in poor conditions. With the support of Rev. Dr. Ralph Mark Gilbert— pastor of First African Baptist Church and president of the local chapter of the NAACP– Greenbriar was established by five young women from the Gamma Sigma Omega Chapter of Alpha Kappa Alpha Sorority, Incorporated who saw a cause in need of help. They used the seed money to establish the area's first dedicated center for Black children. Before finding a permanent home, Greenbriar occupied a number of spaces, including the Women's Army Corp (WAC) building on Hunter Army Airfield in 1949, and several houses in the Carver Village community in the early May of 1954, Greenbriar expanded by acquiring a 15-acre property on Hopkins Street. One of the first children to walk through its doors was Carolyn Maynor who recently shared her story at the agency's 75th anniversary gala. She credits the love and support she received at Greenbriar for guiding her an adult, Ms. Maynor became the first Black Telecommunications Operator at the Executive Offices of the President during the Nixon era 1969-1971. She then worked for the US Attorney's Office in Washington, DC, the District Attorney's office in Savannah as a Victim Advocate for the Victim Witness Program, and the Fulton County Courthouse before returning to DC to work for the US Office of Special Counsel until her retirement in 2005. Maynor's lived experience is what Taylor says they strive for every day through its enduring mission of uplifting our most vulnerable children and paving the way for a brighter future. Greenbriar currently provides childcare, accredited and affordable early learning programs, family preservation and counseling services, and an emergency shelter for children and young adults. Greenbriar's first executive director, Doris Roberts, created the agency's very first childcare currently operate three in addition to accredited and affordable early learning programs, family preservation, counseling services, and an emergency shelter for children and young center also operates more than 70 Project Safe Place sites in the Savannah area. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
