2021, for many in the helicopter industry, has been a year of consolidation. As well as very good performance on the existing fleet, leasing services company Lobo Leasing also announced a management buy-out (MBO). CEO Bill Wolf and chief operating officer Dan Roberts are now whole owners of the Ireland-based outfit.
One of the major benefits of this, Roberts tells Helicopter Investor, is that it will open up Lobo to a wide range of investors. “Different deals need different capital sources,” said Roberts.
“To be responsive to all transactions, we need to be working with a broad range of investors. So, by not having one controlling entity, we’re able to work with different investors and be more responsive to the kind of deals in the market.”
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