Aviation Technical Services (ATS) announces new ownership

Aviation Technical Services (ATS) has been purchased from Macquarie Group by members of the current Senior Leadership Team and a handful of experienced aerospace investors. The new ownership group is headed by current President and CEO, Matt Yerbic, and is backed by Wells Fargo, NewSpring Capital and Greenpoint Technologies of Kirkland, Washington. As part of the ownership change, ATS is governed by a diverse and experienced Board of Directors whose average tenure in the aerospace industry is nearly 20 years. Members of the Board and the Senior Leadership Team are all investors in the company. Together, they bring significant experience, a solid understanding of the business, its customers and a passion for growing a successful company.