Fortbrand Services, Inc

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Fortbrand Services, Inc - overview

Established

1983

Location

Plainview, NY, US

Primary Industry

Business Support Services

About

Fortbrand Services, Inc, based in the US, specializes in providing critical airport equipment solutions, including Ground Support Equipment and Airfield Maintenance Equipment, to enhance operational efficiency and safety in the aviation sector. Fortbrand Services, Inc is engaged in offering vital airport equipment solutions. Founded in 1983 in Plainview, US, the company has participated in 2 deals, with its most recent acquisition occurring on September 11, 2023, when Basalt Infrastructure acquired the firm. The financial terms of this transaction were not disclosed.


Fortbrand Services specializes in providing two primary categories of airport equipment: Ground Support Equipment (GSE) and Airfield Maintenance Equipment. The company's offerings are designed to address essential operational needs such as runway cleaning, aircraft de-icing, and pushback services. These equipment solutions facilitate efficient airport and aviation operations, ensuring safety and reliability for end users, which primarily include airport authorities, commercial airlines, and service providers in the aviation sector. Fortbrand's products cater to a diverse geographical market, with a notable focus on the Northeast United States, where the new service division has been launched to better serve customers and prospects in this area.


The company emphasizes its position as a turnkey solutions provider, assisting clients in the procurement and financing of essential equipment required for their daily operations. Fortbrand Services generates revenue through equipment sales and leasing programs tailored for both short-term and long-term client needs. The business operates on a B2B model, engaging directly with airport authorities, airlines, and other aviation-related enterprises to facilitate transactions involving the purchase or lease of GSE and Airfield Maintenance Equipment. The company may utilize structured agreements that include financing options to enhance accessibility for its clients.


Specific pricing plans and transaction structures are designed to accommodate the varied needs of its clientele, ensuring that they receive competitive offerings that align with their operational requirements. Noteworthy products within Fortbrand's lineup may include flagship solutions that are integral to airport operations, further solidifying the company's reputation as a reliable partner in the aviation equipment sector. Following the acquisition by Basalt Infrastructure on September 11, 2023, Fortbrand Services plans to leverage this partnership to support its business growth initiatives. The company is focused on strategically expanding its operations and enhancing its product offerings to better serve its clients in the airport equipment sector.


Current Investors

Basalt Infrastructure Partners, Wincove

Primary Industry

Business Support Services

Sub Industries

Equipment Rental & Leasing, Trucking

Website

www.fortbrand.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Fortbrand Services, 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)
BuyoutCompletedFortbrand Services, Inc-
GrowthCompletedFortbrand Services, Inc-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.