Seabury Capital LLC said Nov. 27 that it sold a controlling stake in SGI Aviation Services BV to FinTech Global Inc. Financial terms weren’t announced. Fintech Global will have 51 percent voting interest in SGI and 44.1 percent economic interest. SGI, of Amsterdam, provides aircraft and engine asset management, as well as technical consulting and advisory services.
NEW YORK–(BUSINESS WIRE)–Seabury Capital LLC (“Seabury Capital”) today announced that the Board of Directors of FinTech Global Incorporated (“FGI”) (8789:Tokyo), a Tokyo-listed boutique investment bank, resolved at a meeting today that consolidated subsidiary FinTech Global Trading Incorporated (“FGT”) will establish SGI Investment LLC (“SGI Investment”) and through this limited liability company will acquire a 51% voting interest and 44.1% economic interest in SGI-Group B.V. (“SGI-Group”), the holding company for SGI Aviation Services B.V. (“SGI Aviation”), to pursue joint opportunities in the aircraft financing and aircraft asset management businesses.
The transaction is expected to close by the end of the year. FGI and the group it leads contribute to the growth and development of companies in all sectors of industry through investment banking and principal investment activities.
“We are delighted to see FGI’s strategic investment in SGI Aviation, and together with FGI, we are committed to supporting further expansion of its worldwide operations,” said Seabury Capital Chairman, President & CEO John E. Luth. “Our global alliance with FGI will also enhance Seabury Capital’s access to Japanese banks, institutional investors and Japanese firms seeking to make investments in aerospace, aviation, hospitality, logistics, foreign exchange, international trade financial instruments, and other asset-backed structured products sourced by Seabury Capital’s global platform.”
“We are excited at working with Seabury Capital in supporting SGI-Group in its business expansion and improving corporate value. SGI Aviation is the preeminent independent aircraft asset management and technical advisory group with a strong track record and reputation for impeccable and reliable service to the global market of lessors and banks, with over 100 such clients around the world. We foresee the bright future for SGI Aviation and we expect the company to be a cornerstone of our future aviation business,” added Hideyuki Yamanaka, FinTech Global Incorporated Senior Executive Officer and Member of the Board.
“We’re thrilled to receive a strategic investment from FGI, which together with Seabury Capital will support our ongoing expansion strategy,” said SGI Aviation Chief Executive Officer Paolo Lironi. “This investment further validates our market-leading position in aircraft asset management services; strengthens our technical services offering; provides an excellent opportunity to better connect to Japanese investors; and positions us for future growth of our global customer footprint.”
FinTech Global Incorporated (“FGI”), a Tokyo-listed (8789:Tokyo) boutique investment bank, supports the growth and development of corporate clients and companies in its investment portfolio through investment banking services, mainly financial arrangements and asset investment activities, and corporate investment activities as a boutique-style investment bank specializing in structured finance. www.fgi.co.jp
ABOUT SGI AVIATION SERVICES B.V.
SGI Aviation Services B.V. (“SGI Aviation”) is an independent advisor to the aviation industry, providing aircraft and engine asset management and all affiliated technical consulting and advisory services. Its service offering covers the entire lifecycle of an aviation asset, as well as related regulatory, operational and IT needs. Headquartered in Amsterdam, the Netherlands, SGI aviation has offices in New York, Guernsey, and Singapore. SGI Aviation is a Seabury Capital company. www.sgiaviation.com
ABOUT SEABURY CAPITAL
Seabury Capital LLC (“Seabury Capital”) operates a number of specialty finance, investment banking, technology and software companies with a core focus anchored in aviation, aerospace & defense, maritime, and financial services/technology. Since its founding in 1996, Seabury Capital has historically been the investment holding company of its founder, John E. Luth, operating as a venture capital firm with ownership stakes in software and asset management businesses servicing the aviation and travel industries. Within the last few years, Seabury Capital has expanded its portfolio by investing in early stage startup companies within the financial technology industry and structured investment products. In addition, Seabury Capital owns and operates FINRA regulated investment banking services firms in the U.S. and U.K. serving external clients as well as assisting the companies in which Seabury Capital has invested. Seabury Capital has operations in New York, Jersey City, Summit (NJ), Los Angeles, Minneapolis, Stamford (CT), Amsterdam, Berlin, Cordoba, Dublin, Durban, Hong Kong, London, Manila, Singapore, and Tokyo. www.seaburycapital.com