New Owners Are Renovus Capital Partners And Graycliff Partners

Max Lyons, owner of Hillsboro Aviation, has sold one of the company's three core business groups, the flight training division, to Renovus Capital Partners and Graycliff Partners. Under Mr. Lyons’ ownership, Hillsboro Aviation will continue to operate its charter and sales and service divisions with an enhanced focus on charter services, aircraft sales, MRO, avionics services and parts sales.

This next chapter for Hillsboro Aviation includes a new 45,000 square foot building on 5.4 acres at the Hillsboro Airport to be completed in early 2016.

The newly renamed Hillsboro Aero Academy, headquartered in Hillsboro, Oregon, is one of the largest combined airplane and helicopter flight schools in the U.S. and provides professional pilot training to domestic and international students from three primary locations in Oregon. With a fleet of 74 single and twin-engine aircraft and six simulators, the school offers a variety of training, including private, instrument, commercial, certified flight instructor, multi-engine and a number of specialty courses. Hillsboro Aviation has trained students from over 75 countries, including the U.S., Brazil, Germany, China and Taiwan. The school is approved by the FAA and the Veterans Administration (VA) for the training of U.S. military veterans and is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).

Hillsboro Aero Academy’s new majority owners, Renovus Capital Partners and Graycliff Partners, focus on providing capital to companies with high growth potential. In addition to Renovus and Graycliff, Hillsboro Aero Academy’s investors include its General Manager, Jon Hay, and Max Lyons, owner of Hillsboro Aviation. “With the forecasted pilot shortage over the next 20 years, I’m pleased about the added investment that Renovus brings which enables continued growth for the flight school. Additionally, I am excited about the opportunity to focus more of my time and energy on Hillsboro Aviation’s charter and sales and service divisions supporting their initiatives and expanding our services,” said Max Lyons, Hillsboro Aviation’s owner.

“We look forward to leveraging the education sector connections and knowledge that Renovus and Graycliff bring to Hillsboro Aero Academy and applying them to our own experience providing safe, high quality pilot training. This combination will be a powerful force in the pilot training industry,” said Jon Hay, Hillsboro Aero Academy’s General Manager.

FMI: www.flyhaa.com, www.hillsboroaviation.com