Universal Asset Management acquired by Keri Wright

Universal Asset Management, a global leader in aviation asset management, aircraft disassembly and commercial aviation aftermarket component sales, announced that UAM Holdings, a corporation wholly owned and operated by Keri Wright, has acquired 100% of Universal Asset Management and its wholly owned subsidiary, Universal Air Repair. The transaction will enable Universal Asset Management to build upon its customer focus, drive continued organic growth, and pursue aviation asset acquisition opportunities. In conjunction with the acquisition, company founder and CEO Steve Manley announced his retirement from Universal Asset Management.