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Aircraft Transaction Masterclass - Corporate Jet Investor

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Lucky drug addict avoids prison after disgraceful crime against her own family

Lucky drug addict avoids prison after disgraceful crime against her own family
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Bizav Broker Mente Partners with Venture Capital Firm

- April 28, 2021, 5:04 PM
Aquila Aviation Ventures, a new group focused on investing in promising private aviation firms, has been established through a partnership between venture capital firm City+Ventures and business aircraft brokerage and consultancy Mente Group. As a result, Omaha, Nebraska-based City+Ventures will invest in Dallas-based Mente, which will be one of two companies operating under Aquila. The other is Millbrook Air, a New York-based aircraft management and charter operator previously operating under City+Ventures.
Leading Aquila as CEO will be Brian Proctor, previously Mente’s president and CEO. “Aquila Aviation Ventures will identify and invest in high-growth firms within the private aviation sector,” he said. “And as part of the partnership, Mente Group has been recapitalized, providing it with growth capital to expand its platform and provide new and innovative services. The Millbrook operation will serve as a launch point for new products ....

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BREAKING: Private equity firm City+Ventures invests in Mente Group

Private equity firm City+Ventures invests in Mente Group
Alasdair Whyte
28th April 2021, 5:00
You would not have expected it last year, but 2021 is set to see record investment into the business aviation industry. We have Signature going private and Wheels Up and Blade going public. Today, we saw a new target for investors – an aircraft brokerage and consulting firm.
Omaha private equity firm City+Ventures, is investing in Mente Group and forming a new company Aquila Aviation Ventures. This is thought to be the first time a private equity firm has invested in a brokerage.
City+Ventures already owns Millbrook Air, a management and charter company at Stewart International Airport in New York. This will also be merged into Aquila Aviation. ....

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City Walk homeless shelter faces resistance from City Council

City Walk Homeless shelter is attempting to launch as a full-time homeless shelter; however, it has been met with resistance from the Tallahassee City Council.
The mission is an Urban Mission group that provides aid and basic human needs to homeless individuals and ex-convicts, according to their website. They provide shelter during cold nights, hold community meals and provide several services to the community to aid homeless and convicted individuals.
According to a meeting summary released by Tallahassee’s Growth Management Department, the shelter was not granted access to operate as a full-time homeless shelter because of zoning and location concerns. One concern in a report released by the department was the effect the homeless shelter would have on the surrounding neighborhoods and businesses. ....

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