Stellwagen consortium buys out majority shareholder

Stellwagen Group, a Dublin-based aviation asset manager, has announced the buyout of Douglas Brennan, its majority shareholder and founder, by a consortium of new and existing shareholders comprised of ECN Capital Corp, SPF Investment Management, Almada Inc and Medalist Partners, the company said.

Stellwagen said with the support and backing of institutional capital, the company has the capability to grow its businesses into the future on the strength of its blend of aviation management, capital market expertise and technology.

Stellwagen Group is focused on managing aircraft and aviation-related investments on behalf of institutional investors.