Blackhawk Aerospace (“Blackhawk” or “the Company”), a provider of aircraft performance improvements, has announced that the Company has sold a majority of its ownership to New State Aviation Holdings, the general aviation-focused platform of the middle-market private equity firm New State Capital Partners (“New State”).
“We are very excited to join New State Aviation Holdings and partner with the folks at AVEX,” said Jim Allmon, CEO, Blackhawk. “Our family of companies shares a singular focus: to increase an aircraft’s capabilities to unrivalled heights while maintaining the highest level of safety possible. We look forward to working with Chad [Cundiff] and the rest of the New State Aviation team to further expand our services,” he further added.