On January 31, 2020, Lineage Capital completed a majority recapitalization of Flightcheck Commercial Aviation Services, a leading outsourced service provider to the airline industry. The company’s previous owners will retain control of the board of directors and a significant ownership stake in the business. Wayne Jimerson will continue to serve as CEO, President, and Chairman of the Board of Directors.

Flightcheck provides line maintenance, deicing, and ground handling services for domestic and international cargo and commercial airlines. Based in Chicago, Illinois, with a presence at several airport locations across the U.S., Flightcheck has developed a reputation for providing a consistently high level of service to every customer and flight at each of its locations through its team of highly skilled and trained technicians, resulting in longstanding customer relationships. To learn more, please visit www.flightcheck.us.

Lineage Capital invests exclusively in owner-managed businesses. Lineage’s unique partnership approach provides business owners with significant liquidity, while enabling them to retain a meaningful ownership stake in their company and continued control of the board of directors. Lineage focuses on high-quality, lower middle-market businesses with at least $4 million in EBITDA that desire a value-added partner to help facilitate future growth and success. For more information, visit www.lineagecap.com.

Tsalach Corporate Finance was the financial advisor to Flightcheck on this transaction.