Seair Seaplanes
Krystal Growth Partners has acquired Seair Seaplanes
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Krystal Growth Partners has acquired Seair Seaplanes. MNP Corporate Finance Inc. provided vendor due diligence services to Seair Seaplanes.
Transaction Brief
Founded in 1982, Seair Seaplanes "Seair" has grown to become a trusted name in coastal air transportation, offering scheduled flights, scenic tours, and charter services. With three operating bases located in Richmond (YVR), Vancouver Harbour, and Nanaimo, Seair currently services eight year-round scheduled routes, a variety of scenic tours, and private charters for eco-lodges, sporting lodges, government entities, and private individuals.
Krystal Growth Partners "Krystal" (previously Krystal Financial) was founded by Terry Holland in 2004. Krystal is focused on a broad range of transactions ranging from a 100-percent purchase of a business from a founder / owner seeking to exit, to a minority investment in businesses seeking to bring on a partner to help them grow and / or strengthen their business. Core to their approach is a philosophy of partnership, where management, employees, and shareholders all participate in the success of the business in a meaningful way.