Maranon Capital, L.P. said it has announced a mezzanine and equity co-investment in Aircraft Technical Publishers to support the purchase of the business from the founding family by ParkerGale Capital, LP and incoming Chief Executive Officer, Charles Picasso.
ATP is the general aviation industry´s only single-source provider of information management and services for manufacturers, owners/operators, and maintenance providers. With its unified cloud-based SaaS platform, ATP facilitates management of all aircraft maintenance processes including service, compliance tracking, and inventory management.
ATP´s services are used by more than 23,000 users in 96 countries and 54 manufacturers to ensure the highest levels of safety, compliance, and productivity.
Maranon Capital, L.P. is an alternative investment management firm focused on private credit investments in middle market companies. Since 2008, Maranon has raised USD1.5 billion of institutional capital across private funds and managed accounts and invested USD1.8 billion in more than 100 portfolio companies.
ParkerGale Capital, L.P. is a Chicago-based private equity firm that buys small, profitable technology companies. They also host the private equity industry´s only podcast, the PE FunCast.