PE-backed Avioserv Adds COO, VP for Development

Avioserv San Diego, a private equity-backed company that sells and leases commercial jet engines and engine parts, has named David Leblanc chief operating officer, and Cameron Burr executive vice president of corporate development and marketing. Previously, both Leblanc and Burr worked as partners at JetCapital, a firm that focused on aviation-related investments. Los Angeles-based private equity firm Vintage Fund Management owns Avioserv, having acquired the San Diego-based company in 2007.

PRESS RELEASE
Avioserv San Diego, Inc. (“Avioserv”), a leading aerospace entity focused on the sales, trading, consignment and leasing of commercial jet engines, and aircraft and engine parts, announced today the hiring of both David Leblanc as Chief Operating Officer and Cameron Burr as Executive Vice President of Corporate Development and Marketing. Leblanc brings more than a decade of industry experience in the areas of finance and operations, while Burr brings over 20 years of industry experience in the areas of finance, sales, and marketing. Leblanc and Burr will be working closely with CEO Thomas Gehring.

“We are excited to have David and Cameron as members of Avioserv’s senior leadership team,” said Mark Sampson, Chairman of Avioserv and Managing Partner of Vintage Fund Management. “Their combined broad industry knowledge, demonstrated leadership skills and strategic vision will help Avioserv to continue to grow and prosper.”

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“We’re excited to be part of the team and are looking forward to building a world-class company. It’s an honor and privilege to join Avioserv,” Burr commented. “I look forward to working alongside the team and growing the company to its fullest potential,” said David Leblanc.

Prior to joining Avioserv, Burr and Leblanc were Partners at JetCapital, a firm that focused on aviation-related investments. Their most recent activities included the founding of Pogo Jet with Bob Crandall and Don Burr. They also served as Managing Directors at Aerothrust Leasing. Burr and Leblanc have also been advisors to Boullioun Aviation Services, S.A.L.E. (now Bank Of China Aviation) and Dubai Aerospace Enterprises.

Avioserv was founded in 1994 as Willis Aeronautical Services, Inc., (WASI). It was acquired by SR Technics in 2000, and renamed Avioserv San Diego, Inc. in 2001. Since 2001, Avioserv has transitioned from a parts broker to a preferred supplier of serviceable lease engines and engine parts for airlines, airline shops, MROs and other part vendors worldwide.

In March 2007, Avioserv was acquired by Vintage Fund Management, a private equity firm based in Los Angeles, California.

For information on Avioserv: http://www.avioserv.com