Press Release from Quadrant Systems Limited
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Press Release from Quadrant Systems Limited
Burgess Hill, West Sussex, UK and Kingston-upon-Thames, Surrey, UK
31 March 2021
Quadrant Group Limited (Quadrant) announces on 31 March 2021 the sale of Quadrant Systems Limited (QSL) to Air One Aviation Limited, UK. The pilot training Approved Training Organisation, Quadrant Pilot, and the 4 bay Full Flight Simulator facility with QSL’s simulators are the core element of the transfer of business. The remaining engineering and manufacturing business formerly in QSL will be retained by the Quadrant Group within a new company, called Quadrant Simulation Systems Limited.
Air One Aviation Limited is acquiring Quadrant Systems Limited. With this acquisition and further acquisition of Pier Seven Aviation FZC (which is also on final stages of completion) Air One Aviation, Pier Seven Aviation & Quadrant Systems Limited together will have 6 simulators namely B737 NG, B737 CL, B747-400, B757 200 and two A320s.
Paul Bennett, Air One Aviation Limited CEO said “I am delighted that we have completed the purchase of QSL, which has a superb reputation for delivering a quality training service to many customers in the UK and across Europe. Combined with our acquisition of Pier Seven Aviation FZC in Sharjah, we will be able to offer a wider range of services on even more flight simulators and this positions us positively for future growth as the aviation industry starts to recover”.
Stephen Williams, Quadrant CEO added “We have been in discussion with Air One Aviation Limited on how to build the best training capability and services for our customers worldwide in an aviation industry which is learning to adapt to the new environment following the global pandemic. We are pleased to secure the future of the training business in Burgess Hill through this transaction”.
For further information contact:
Paul Bennett, CEO – Air One Aviation Limited +44 (0) 2031761700
Stephen Williams, CEO – Quadrant Group +44 (0) 1202 764444
Khushbeg Jattana, CEO - Pier Seven Aviation FZC +971 65567020
Quadrant Group comprises Quadrant Simulation Systems Limited (QSSL), the UK operating company based in Burgess Hill, West Sussex; Quadrant Simulation Systems, Inc. (QSSI), the US operating company based in Orlando, Florida; Micro Nav Limited, the ATC simulator specialist operating in Bournemouth, Dorset; Global ATS Limited, the ATC training provider operating in Gloucester, UK and Quest Flight Training Limited (Quest), based at RAF Waddington, Lincolnshire, UK.
Air One Aviation Limited are based in London and act as exclusive global sales agent to Aerotranscargo S.R.L delivering a comprehensive range of services including global long-haul cargo, passenger operations with ACMI (Wet Lease) and aircraft charter services.
Barons Capital Partners of Geneva and London initiated and advised Quadrant Group Ltd on the Transaction. www.baronscapitalpartners.com Eric F. Kohn TD VR Chairman +41795030150
End.
31 March 2021
Quadrant Group Limited (Quadrant) announces on 31 March 2021 the sale of Quadrant Systems Limited (QSL) to Air One Aviation Limited, UK. The pilot training Approved Training Organisation, Quadrant Pilot, and the 4 bay Full Flight Simulator facility with QSL’s simulators are the core element of the transfer of business. The remaining engineering and manufacturing business formerly in QSL will be retained by the Quadrant Group within a new company, called Quadrant Simulation Systems Limited.
Air One Aviation Limited is acquiring Quadrant Systems Limited. With this acquisition and further acquisition of Pier Seven Aviation FZC (which is also on final stages of completion) Air One Aviation, Pier Seven Aviation & Quadrant Systems Limited together will have 6 simulators namely B737 NG, B737 CL, B747-400, B757 200 and two A320s.
Paul Bennett, Air One Aviation Limited CEO said “I am delighted that we have completed the purchase of QSL, which has a superb reputation for delivering a quality training service to many customers in the UK and across Europe. Combined with our acquisition of Pier Seven Aviation FZC in Sharjah, we will be able to offer a wider range of services on even more flight simulators and this positions us positively for future growth as the aviation industry starts to recover”.
Stephen Williams, Quadrant CEO added “We have been in discussion with Air One Aviation Limited on how to build the best training capability and services for our customers worldwide in an aviation industry which is learning to adapt to the new environment following the global pandemic. We are pleased to secure the future of the training business in Burgess Hill through this transaction”.
For further information contact:
Paul Bennett, CEO – Air One Aviation Limited +44 (0) 2031761700
Stephen Williams, CEO – Quadrant Group +44 (0) 1202 764444
Khushbeg Jattana, CEO - Pier Seven Aviation FZC +971 65567020
Quadrant Group comprises Quadrant Simulation Systems Limited (QSSL), the UK operating company based in Burgess Hill, West Sussex; Quadrant Simulation Systems, Inc. (QSSI), the US operating company based in Orlando, Florida; Micro Nav Limited, the ATC simulator specialist operating in Bournemouth, Dorset; Global ATS Limited, the ATC training provider operating in Gloucester, UK and Quest Flight Training Limited (Quest), based at RAF Waddington, Lincolnshire, UK.
Air One Aviation Limited are based in London and act as exclusive global sales agent to Aerotranscargo S.R.L delivering a comprehensive range of services including global long-haul cargo, passenger operations with ACMI (Wet Lease) and aircraft charter services.
Barons Capital Partners of Geneva and London initiated and advised Quadrant Group Ltd on the Transaction. www.baronscapitalpartners.com Eric F. Kohn TD VR Chairman +41795030150
End.
