WEST PALM BEACH, Fla., Oct. 30, 2017 (GLOBE NEWSWIRE) -- Comvest Partners (“Comvest”) is pleased to announce Al Wood has joined the firm as a Partner and Head of Aviation Finance. Based in West Palm Beach, Al’s responsibilities will include all aspects of the investment process, including sourcing, transaction execution and investment oversight.
“Comvest has deep roots in aviation as we were investors in both Allegiant Air and AirTran Airways. We are excited to have Al join our team as we expand our offering of flexible capital solutions for our stakeholders,” said Michael Falk, Comvest’s Chairman and Managing Partner.
“We see the need for creative capital solutions within the aviation sector, but we also recognize that it is a specialty sector that requires experience. Having the internal subject matter expertise to lease aircraft, invest in hard assets and finance existing companies will complement our direct lending platform,” said Robert O’Sullivan, Comvest’s Managing Partner.
“Comvest’s flexibility and creativity is exactly what the broader aviation industry needs today. As the aviation industry goes through a phase of unprecedented growth and change; Comvest is well positioned to add strategic, operational and relationship value beyond just being a traditional capital provider,” said Al Wood. “I am honored to join the team and look forward to contributing to Comvest’s future growth.”
Before joining Comvest, Al was President and CEO of 321 Aviation Group and an Operating Partner at Sagewind Capital. Prior to 321 Aviation Group, Al held senior leadership roles at AeroTurbine, a subsidiary of AerCap, and AAR Corp. Al began his career in aviation in the United States Air Force where he was commissioned officer.
Al earned his M.B.A. from the J.L. Kellogg School of Management at Northwestern University, and received his B.A. from Michigan State University.
About Comvest Partners:
Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across North America. Since its founding in 2000, Comvest has invested over $2.7 billion in over 150 companies. Today, Comvest’s funds have $2.6 billion of assets under management. Through our extensive capital resources and broad network of industry relationships, we offer our companies financial sponsorship, critical strategic and operational support, and business development assistance.
For More Information, please contact:
Robert O’Sullivan, Managing Partner, (561) 727-1740