Alpine Air Express, Inc.

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Alpine Air Express, Inc. - overview

Established

1975

Location

Provo, UT, US

Primary Industry

Transportation Services

About

Alpine Air Express, Inc. is a dedicated air cargo service provider, specializing in efficient logistics solutions using the Beechcraft 1900D, a pioneering cargo aircraft. Founded in 1975 and headquartered in Provo, US, Alpine Air Express, Inc. focuses on air cargo services.


The company, led by CEO Katie Drew-Jensen and Michael Dancy, has undergone strategic pivots to enhance its service offerings. In May 2019, AE Industrial Partners acquired a majority stake in the firm from RLG Capital. The company has successfully completed two deals since its inception. Alpine Air Express specializes in air cargo services, utilizing the Beechcraft 1900D, recognized as the largest single-piloted cargo aircraft globally.


This aircraft has been significantly converted for cargo transport, approved by the FAA, allowing the company to efficiently serve major clients including UPS, USPS, and Amazon. The fleet is designed for cost-effective shipping solutions, enhancing operational efficiency. With a strong commitment to operational excellence, the Beechcraft 1900D involved over 5,000 man-hours in its development to optimize capacity and functionality. Alpine Air Express generates revenue through B2B transactions focused on building long-term partnerships with logistics and e-commerce companies.


The pricing structure is contingent on cargo volume and weight, allowing for flexibility tailored to client needs. The Beechcraft 1900D is central to the company’s operations, enhancing capacity and efficiency compared to conventional cargo aircraft, which helps secure contracts for both regular and one-off shipments. Alpine Air Express plans to utilize its recent acquisition by AE Industrial Partners to bolster its market presence. The company is focused on expanding its operational capacity in existing markets and exploring new geographic regions for air cargo services.


While specific new product developments and launch dates are not detailed, the company is positioned to leverage its unique fleet and operational efficiencies to capture additional market share as demand for air cargo services continues to grow.


Current Investors

AE Industrial Partners

Primary Industry

Transportation Services

Sub Industries

Courier & Delivery Services, Airlines & Air Travel

Website

www.alpine-air.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Alpine Air Express, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSuburban Air Freight, Inc.-
Add-onCompletedGreat Lakes Airlines' assets-
Secondary BuyoutCompletedAlpine Air Express, Inc.-
BuyoutCompletedAlpine Air Express, Inc.-

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Alpine Air Express, Inc. - employee data

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