The Carlyle Group has announced that it has teamed with the management at Landmark Aviation to acquire the company for $625 million from GTCR and Platform Partners. Based in Houston, Landmark Aviation provides an assortment of general aviation services in North American and Western Europe. The deal, which is expected to close in the fourth quarter, will be made through the Carlyle Partners V fund. GTCR and Platform Partners purchased Landmark Aviation through a $435 million buyout in 2008.
