Private equity firm Kompass Kapital has announced a strategic investment in Airshare, a private aviation company. Both companies are based in Kansas City. With this investment, Kompass Kapital will lead the Airshare ownership group, while previous investors will retain significant equity positions. The financial terms of the deal have not been disclosed.
Airshare CEO John Owen expressed enthusiasm about the new partnership, stating, "We are thrilled to have Kompass Kapital join the Airshare ownership group and strongly believe its investment will have a material impact on our future." He emphasized that when seeking capital to support their strategic goals, they found an ideal partner in Kompass Kapital due to their professional and cultural alignment.
Owen further noted that despite receiving considerable interest from other parties, it was clear that Kompass Kapital was the perfect match. He praised their reputation and track record for helping businesses grow and highlighted their successful partnerships with Airshare's legacy ownership group through other investments. "The confidence they've shown in Airshare is extremely validating," he added.