LYCOS RETRIEVER 
Helicopter: Keystone Helicopter
built 633 days ago
Keystone Helicopter is one of the largest and oldest helicopter services companies in the United States. Founded in 1953, the firm operates a large technical services depot and completion center near Philadelphia. It ... operates a large fleet of turbine helicopters in numerous locations across several eastern states, primarily in the air medical mission. Keystone Helicopter is owned by Keystone Ranger Holdings, Inc., a Philadelphia-area private equity investment organization that specializes in aviation-related ventures. Keystone Ranger also owns Composite Technology, Inc. (CTI) with operations in Texas, Canada, Brazil, England, and Singapore. Institutional investment groups with Keystone Ranger include Meridian Venture Partners, Brown Brothers Harriman, Argosy Investment Partners, Spring Capital and Merion Capital.
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WEST CHESTER, Pa., Oct. 23 /PRNewswire/ -- Keystone Helicopter, an industry leader in helicopter services for 50 years, announced today that three new Private Equity/Venture Capital groups have made a "substantial investment" in Keystone Helicopter. The new institutional investors are: Brown Brothers Harriman, New York, founded in 1818 and one of the oldest and largest private banking firms in America with offices throughout the world; Spring Capital Partners, L.P., of Baltimore, MD and Radnor, PA, a private equity fund whose focus is on high performance medium-sized companies in the Mid-Atlantic; and Merion Investment Partners, L.P., a venture fund based in King of Prussia, PA, which focuses its investments on strong growth companies with proven management teams and strategic competitive advantage.
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Keystone Helicopter is one of the largest and oldest helicopter services companies in the United States. Founded in 1953, Keystone operates a large technical services depot and completion center near Philadelphia. The firm ... operates a large fleet of turbine helicopters in numerous locations across several eastern states, primarily in the air medical mission. Keystone Helicopter is owned by Keystone Ranger Holdings, Inc., a Philadelphia-area private equity investment organization that specializes in aviation-related ventures. Additional information is available online at: www.keystonehelicopter.com and at www.rangeraerospace.com.
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