Air Partner buys aviation security solutions and training provider

Air Partner hurricane evacuation planning

The U.K.-based broker of jet cards and on-demand charter has acquired Redline Assured Security for $13 million

Air Partner plc, the global aviation services group, announced that it has acquired the entire issued share capital of Redline Worldwide Limited, trading as Redline Assured Security, a global aviation security solutions and training company

Air Partner paying is up to $13 million on a debt-free, cash-free basis, with an initial consideration of $10.5 million payable on completion and additional consideration of up to $2.5 million payable over two years post-completion.

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