Stellwagen Group Announces Buyout Of Majority Shareholder
Stellwagen Group, the specialised aviation asset manager headquartered in Dublin, has today announced the buyout of its majority shareholder and founder, Douglas Brennan, by a consortium of new and existing shareholders comprised of ECN Capital Corp, SPF Investment Management, Almada Inc and Medalist Partners.
David Butler, Group Chief Executive, Stellwagen said: "The belief and confidence of the new shareholder group is testament to the platforms that have been built by the management team over the past number of years. With the support and backing of institutional capital, we now have the capability to grow our businesses significantly into the future on the strength of our unique blend of aviation management, capital market expertise and technology, which as a group is a compelling offering."
Stellwagen Group is headquartered in Dublin and has offices in Stamford, CT, USA, London and Seoul, South Korea.