APP Jet Center Acquired by Bain Capital — Real Estate Services M&A

Bain Capital has acquired APP Jet Center, a real estate services other business in Florida, for $14B. Bain Capital acquisitions bring a fixed-base operator platform into aviation services infrastructure, with APP Jet Center operating five locations across the U.S., including South Florida. The platform provides aircraft hangar space and fueling plus related aviation real estate services for business and general aviation customers in supply-constrained airports, including the Washington, D.C. region, San Francisco Bay Area, and Denver. This platform acquisition is a private equity acquisition and real estate services M&A entry into FL acquisitions, with Mark Johnstone, former CEO of Signature Aviation, set to lead the business. Financial terms were not disclosed, and the deal was announced in January 2026 as a growth-focused FBO expansion strategy.