An investment group has been founded to “serve unmet industry needs” in the aviation sector. Aquila Aviation Ventures is the result of a partnership between Danny White, co-founder of City+Ventures, and Brian Proctor, president and CEO of Mente Group.
The new investment group brings together Millbrook Air, a City+Ventures aircraft management company and charter operator, and Mente Group, an aviation consulting business and aircraft brokerage service. Both companies operate as standalone platforms, and will shift to be under the leadership of Proctor, who becomes Aquila Aviation Ventures’ CEO.
“City+Ventures’ expertise identifying growth opportunities focused on exceptional customer experiences, along with Millbrook Air and its fleet of business jets, are a perfect combination with Brian Proctor’s aviation expertise, to propel Aquila Aviation Ventures to new heights in private aviation,” said White.
“Aquila Aviation Ventures will identify and invest in high-growth firms within the private aviation sector,” said Proctor. “As part of the partnership, Mente Group has been recapitalised, providing it with growth capital to expand its platform and provide new and innovative services. The Millbrook operation will serve as a launch point for new products and concepts, taking advantage of unfulfilled segments in aviation.”
