H.I.G. Capital completes sale of Amerijet

H.I.G. Capital, a private equity investment firm with over US$20bn of equity capital under management, is pleased to announce the sale of its portfolio company, Amerijet Holdings, to an affiliate of ZS Fund L.P., a middle market focused private equity firm. Since its founding in 1974, Amerijet has grown from a small charter service operator to the leading provider of cargo and logistics solutions to the Caribbean and Latin America. Today, Amerijet operates a fleet of ten aircraft, offering scheduled and charter cargo services and transporting over 200 million pounds of freight annually. The Company maintains its main cargo and flight hub in Miami, a network of field offices throughout the United States, and has over 200 agents across 137 countries. The company is headquartered in Fort Lauderdale, FL.