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Aquiline Drones picks eTT Aviation SkedFlex to support expanding pilot operations eTT Aviation Press Release | January 29, 2021
Estimated reading time 2 minutes, 28 seconds.
Aquiline Drones has signed a multi-year agreement with eTT Aviation to use the SkedFlex product to support Aquiline’s network of thousands of pilots nationwide.
Aquiline Drones operates a small airline making it one of only a few drone companies in the US operating under a 14-CFR Part 135 Air Carrier Certificate. Because of this, they are implementing the same systems in use in a traditional airline for added safety and security of their drone operation. SkedFlex is widely used by North American-based air carriers to provide the tools to support safe and efficient flight operations.
MFG Partners Completes Sale of LCR Contractors to TopBuild
MFG Partners Completes Sale of LCR Contractors to TopBuild MFG Partners (MFG), a private equity firm specializing in investments in family and founder-owned businesses, announced that it has completed the sale of LCR Contractors, a large fireproofing and spray foam insulation company serving high-growth markets in Texas and Tennessee, to TopBuild Corp (NYSE: BLD). Terms of the transaction were not disclosed. Our partnership with Clay and Buddy Spicer, LCRs owners, has been an exciting and rewarding opportunity for MFG. LCRs growth highlights MFGs strengths in building industry-leading companies and generating operational efficiencies, said Jeff Mizrahi, Partner at MFG.
Publicly traded education technology companies are rare. Soon, there will be one fewer after tech training provider Pluralsight gets taken private later this year. That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. public market.
But this contraction may not last long, thanks in part to one of the industryâs earliest and most ebullient investors, who is steering a financial vehicle thatâs taken public markets by storm.
Earlier this month, Class Acceleration Corp. (CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. Those funds will be used to purchase a privately held education company, which will then become public as a result of the transaction.