Air Partner plc acquires Redline Worldwide
12 / 12 / 2019
Global aviation services group Air Partner plc has acquired Redline Worldwide Ltd, a leading global aviation security solutions and training company.
Established in 2006, Redline delivers government-standard security training and solutions to international airports, airlines and aviation sector related companies, critical national infrastructure, stadia and event managers, and corporates.
Employing 100 people, the company is headquartered at the National Security Training Centre at Doncaster Sheffield Airport. It is the UK’s only ICAO Aviation Security Training Centre, actively supporting the ICAO objective of ensuring that “no country is left behind” in the development and implementation of aviation security standards.
In the year ended 31 March 2019, Redline generated revenue of £6.5m million, adjusted EBITDA of £0.8m, with loss before tax of £0.7m and gross assets of £2m.
Mark Briffa, ceo of Air Partner, says: “Redline is a significant milestone in the development of our new Safety & Security division. This acquisition further extends our services into aviation security, and combined with our existing aviation safety activities, enables us to deliver a compelling suite of aviation safety and security products and services, both physically and digitally, to a high-quality global customer base.”
Paul Mason, co-founder and ceo of Redline, will join the Air Partner group executive team, and post-acquisition and integration, Redline will be rebranded as Air Partner Assured Security.
