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Santa Monica, CA- November 5, 2003- Bison Capital
Structured Equity Partners, LLC announced their $20.5 million
investment in Helinet Aviation Services, LLC, a diversified
provider of helicopter flight services to the news media,
medical transport, entertainment production and corporate
travel industries. Helinet's growing 37 helicopter
fleet is equipped with the latest cameras and mounts
and are flown by highly skilled pilots with operations and
landing rights throughout the United States.
Through Helinet's Cineflex division, their
proprietary high definition (HD) camera system provides a
significant competitive advantage to its customers through
the superior image output. Leading affiliated stations around
the country use Helinet for breaking news coverage. Furthermore,
the Company and its founder Alan Purwin are recognized as
the leading aerial experts for challenging shots and stunts
in the film and advertising businesses.
The Company transports lifesaving organs as
well as patients in need of specialized care to some of California's
largest hospitals, including Children's Hospital of Los Angeles,
UCLA Medical Center, USC University Hospital, Cedars-Sinai
Medical Center and UCI Medical Center. In addition,
Helinet frequently flies heads of state, celebrities and
Fortune 500 executives.
"Helinet has a tremendous history of growth
having achieved revenue expansion in excess of 25% per year
over the last 15 years. Our capital supports Helinet's
continuation of their impressive track record of growth," said
Bison Capital Partner, Douglas Trussler.
Bison Capital provides structured equity to
public and private entrepreneurial companies throughout the
United States. We provide capital for expansion, acquisition
or balance sheet restructuring in partnership with the management
team.
To learn more about Bison Capital Structured
Equity Partners, LLC please contact James K. Hunt, Managing
Partner, at (310) 260 6572.
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