CEO Steve Bandy Will Remain In His Role
AE Industrial Partners, LP ("AEI"), a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets, announced today that it has signed a definitive agreement to acquire Columbia Helicopters. Columbia's CEO Steve Bandy will remain in his role, while majority owner Nancy Lematta will retain a significant ownership position in the Company. Terms of the transaction, which is expected to close later this year, are not being disclosed.
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