GAT gains equity investment
Private equity company Atlantic Street Capital has made a majority investment in GAT Airline Ground Support, a provider of handling services at various airports around the US.
Founded in 1965, GAT offers a portfolio of services at 37 airports: it provides ramp services, passenger handling and other ancillary services. Currently, it employs over 2,000 people. Atlantic Street Capital acquired its majority stake in GAT from the founding family. Boe Strange, Chief Executive Officer at GAT, will continue in the same position and remain a significant shareholder within the company.