Greenville, S.C. – Ranger Partners Group, a team of several small companies acting as a consortium for buyouts, turnarounds, and strategic consulting, have launched a new acquisitions vehicle: Ranger Aerospace Corporation. The teamed group includes Ranger Aerospace LLC, Ranger Partners Group, Tioga Capital Corporation, Aviation Finance International, Executive Visions LLP, and several individual investors. Ranger Aerospace is negotiating with numerous venture capital equity shareholders and senior and mezzanine financing sources for pursuit of an industry roll-up strategy, securing initial commitments for over $100 million from an array of major banks, investment banks, equity pools, and venture capital funds. More than 50 major venture institutions are receiving proposals in this quest for capital. Ranger’s outside accounting firm is Ernst & Young, and its outside counsel is the respected Wyche law firm, one of the largest and oldest law firms in South Carolina.

Steve Townes, CEO of Ranger Aerospace said, “We have a slate of acquisition candidates, with several entering into the Letter of Intent stage. This new buyout vehicle will be used to team with institutional investors for the acquisition and growth of aviation services and aerospace specialty companies. Our business model will stay consistent: buy a platform company, build it up aggressively with internal investments and bolt-on acquisitions, enhance its enterprise value through proven positive techniques, and sell the larger outfit to a strategic buyer someday when the timing is right. We will very likely do multiple platforms over the coming years, one venture at a time, in series. Our primary first targeted industry segment is Airfield Services, but the aerospace industry presents a huge, attractive, target-rich environment for middle-market buyouts and build-ups.”

Ranger Aerospace Corporation is an investment and management company with large financial institutions and venture capital entities as majority shareholders, along with management co-owners. Ranger seeks to add value in its acquisitions through total quality programs, workforce initiatives, capital re-investments, energized leadership, and new operating efficiencies. Ranger’s management team of Principals and Officers are seasoned veterans who take a sleeves-up approach toward working inside investee companies, applying their experiences in aviation, aerospace, engineering, finance, post-merger integrations, leveraged buyouts, turnarounds, and organizational assessment and re-development to improve operating performance. Ranger’s mission is to buy and build platform acquisitions in various aviation industry segments in series, generating superior return to its shareholders and superior service to each of its subsidiaries’ customers.

The Company from time to time may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking information are estimates of the Company’s management and are subject to the various risks and uncertainties that are beyond the Company’s control and may cause results to differ from management expectations.