Certified Business Brokers Completes the Sale of MVP Aero Academy
Certified Business Brokers today announced the acquisition of MVP Aero Academy, an FAA Licensed Flight School in the Houston area, by a local investment group. Terms of the sale were not disclosed.
Sheela Patel, new owner and Managing Partner of the investment group, stated she is pleased to be assuming the reins of the largest flight school in Houston. Dr. John Van Paasschen and Carol Maitland, the previous owners, and Harding Goodman, Operations Manager, will continue in their management capacities and will be actively involved in the operation of the business.
MVP Aero Academy operates a fleet of 25 aircraft from the Weiser Airpark in Northwest Houston and the Lonestar Executive Airport in Montgomery County just North of Houston. In recent years it has experienced significant growth as the needs of major airlines for highly trained pilots have increased.
Patel said, “We value each of our customers and will continue to stress quality academics and a fun flying experience. We will seek to continually improve our daily operations.”
Certified Business Brokers (CBB) in Houston, Texas, facilitated the sale and represented the seller. The firm, the largest in Texas, links business owners throughout the Houston Metropolitan area to qualified buyers from around the world.
About Certified Business Brokers
Established in 1974, CBB is the largest brokerage firm in Texas. Its team of professionals has over 230 years of collective experience selling businesses, and has closed business transactions in excess of one billion dollars in revenues.