Cronus Partners, in conjunction with Stephens, acted as financial advisor to Boreas Holdings, the parent of multiple affiliated aviation services operating companies, in a stock sale of the company to Inland Technologies.
“Cronus has been a valued financial partner throughout the years, culminating in this successful strategic transaction which enables the newly combined company to be a major player in our industry and a stronger competitor in new and existing markets,” says Salvatore C Calvino, President and Chief Executive Officer of Boreas.
Jeffrey Rubin (pictured), the Managing Partner at Cronus, says: “It has been incredibly satisfying to witness the growth of Boreas and to have been a part of creating this large, dynamic company in the aerospace sector.”
