Azalea Capital: Argosy Private Equity joins forces with Ranger Aerospace and Azalea Capital in New Investment Platform; Argosy's third time with Ranger

GREENVILLE, S.C., Dec. 11, 2014 /PRNewswire/ -- Ranger Aerospace LLC, a private equity consolidator specializing in aerospace operations and aviation services, has added Argosy Private Equity to its newest platform for pursuing investments and acquisitions in the aerospace industry. The lead institutional investor in Ranger's latest venture is Azalea Capital (announced earlier). This group seeks accelerated growth in acquired companies through a collaborative partnership with proven management teams. This marks the third time that Ranger and Argosy have affiliated in the past dozen years. Argosy was a major investor in Ranger's previous successes with both Keystone Helicopter and Ranger International. read more