LOS ANGELES, March 4, 2021 – Palm Tree LLC, a consulting and advisory firm, is pleased to announce that its wholly-owned broker-dealer subsidiary, Palm Tree Securities LLC, served as the exclusive financial advisor to Rotorcraft Services Group (RSG) as it refinanced existing debt to allow for growth capital. RSG is a portfolio company of Trinity Hunt Partners (Trinity Hunt), a private equity firm headquartered in Dallas, TX.
“Palm Tree did an exceptional job of providing the needed expertise and contacts to successfully complete our financing process,” said Brian Nerney, Chairman & CEO of RSG. “We’re now better positioned to further our commitment to building and enhancing the global capabilities of RSG and serving our customers’ needs.”
Headquartered in Fort Worth, TX, RSG provides services and products for helicopters, including heavy modification and retrofit; complete customization services; engineering services; and air conditioning, video systems, and spare parts manufacturing. RSG serves both commercial and military applications through its current subsidiaries, RSG Aviation, RSG Products, and RSG AeroDesign.
“We understand the sector,” said Stephen Rossi, Managing Director of Palm Tree and head of its Capital Markets Group. “Combined with our knowledge of the financing requirements RSG faced, we were in a great position to execute quickly.” Palm Tree worked closely with the management team and shareholders throughout the refinancing process.