Fernweh Group and Dabico Corporation Sign Agreement to Acquire A-Bridge, LLC to Strengthen Its Turnkey Solutions Capability
November 16, 2022

CYPRESS, CA – Fernweh Group LLC (“Fernweh”) and its portfolio company, Dabico Corporation (“Dabico” or “Dabico Airport Solutions”), announced today they have signed an agreement to acquire A-Bridge, LLC (“A-Bridge”), with current A-Bridge investors rolling their investment into the future combined organization. Fernweh and Dabico’s proposed investment in A-Bridge is part of its overall strategy to build a leading global aviation infrastructure platform.

A-Bridge is one of the largest, pure-play providers of construction, refurbishment, repair, installation, and services for passenger boarding bridges and other forms of ground service equipment (“GSE”). A-Bridge is a US-based service provider with operations based out of Indianapolis, IN and has worked with multiple marquee airports across the United States and Canada, with recent refurbishments performed at Indianapolis International Airport, Minneapolis−Saint Paul International Airport, and Newark Liberty International Airport

The proposed acquisition of A-Bridge by Dabico, a leading US-based, global aviation infrastructure player extends Dabico into a full-service, end-to-end solution provider covering design and engineering services, new equipment construction, turnkey solutions, comprehensive after-sales support and extension-of-life services. A-Bridge’s unparalleled track record of supporting all tiers of airports and airlines will further extend Dabico’s reach in North America and help expand its after-market services offerings for customers across other geographies. A-Bridge’s Dew Bridge product line will enable Dabico to partner with non-large hub airports to offer world class boarding experiences to their passengers.

Nick Santhanam, CEO of Fernweh Group, noted, “As we continue to build our aviation infrastructure platform, we look forward to welcoming A-Bridge into the Dabico and broader Fernweh family. We strongly believe the addition of A-Bridge allows us to deliver best-in-class services and support to our customers in North America, while offering them the widest selection of industry leading GSE products and services. As part of the proposed transaction, Jason Summers will join the Dabico executive leadership team, and continue to drive the next chapter of A-Bridge.”

Jason Summers, Managing Director of A-Bridge LLC, noted, “We are excited to partner with Dabico Corporation and their investment partner, Fernweh. Fernweh’s exclusive focus on the industrials sector coupled with their EIOM (“Engaged Investor Operator Model”) will allow us to accelerate our trajectory and be a value-added partner to our customers.”

Dabico’s proposed acquisition of A-Bridge is structured as an equity and cash (paid on achieving certain milestones) transaction. This structure allows the future combined company to focus capital investment on customer service and technological innovation, while allowing investors to continue to participate in the economic upside achieved by bringing the two companies together.

About Fernweh Group LLC

Fernweh is an investment firm led by leaders from global institutions with prior experience working with companies in the industrial and industrial technology sectors on strategy, M&A, and operational transformation. Fernweh believes that the mid- and small-cap industrial and industrial technology sectors are the backbone of the economy and the engine for its growth. By combining management capability, operational and strategic transformation support, and capital for each company’s unique context, history, and needs, Fernweh aims to be a builder of businesses and create value for all stakeholders. Fernweh’s CEO co-authored the book on the industrial technology sector “Titanium Economy”, which has been on the WSJ best seller list. Learn more at fernweh.com.

About Dabico Airport Solutions

Dabico Airport Solutions is a leading global supplier that designs, manufactures, integrates, and services innovative ground support systems for civil and military aviation sectors. Through its comprehensive portfolio, Dabico addresses fuelling, cooling, power, and wet services needs of parked aircraft. With extensive experience and technological expertise, we enable customers to maximize safety, availability, efficiency, and sustainability. Based in the United States, Dabico is globally focused and has operations spanning North America, Europe, Middle East, and Asia. Learn more at dabico.com.