19Jun 2014

Cronus Partners LLC (Cronus) is pleased to announce it acted as the exclusive financial advisor to Boreas Holdings, Inc. (Boreas) in a refinancing through an extension of credit facilities provided by TD Bank, N.A. Boreas is the parent of multiple affiliated aviation services operating companies.

“Cronus continues to be a valued financial partner in our growth, enabling us to continue the company’s expansion and to compete aggressively in all of our markets,” commented Salvatore C. Calvino, President and Chief Executive Officer of Boreas.

Jeffrey Rubin, Managing Director of Cronus, added, “Nothing speaks more to Cronus’ commitment to the success of our clients than our ongoing relationships such as this one with Boreas. Through repeat engagements, we help assure our clients’ financial health and position them to grow their businesses both organically and through acquisition.”

Boreas is a privately held company with its corporate offices located in Manchester, NH. The company manages and owns aviation services operating companies with over 35 airport locations and approximately 2,500 in season employees: Quantem Aviation Services, LLC , Integrated Deicing Services, LLC, and Deicing Solutions LLC.

About Cronus Partners

Advising on mergers, acquisitions, divestitures, sales, and private placement financings, Cronus Partners is an investment banking firm that provides financial advisory and other investment banking services. Winner of the New York Association for Corporate Growth’s Boutique Investment Bank of the Year Award, the firm has significant experience in advising both public and private companies that can benefit from middle-market transactions. Cronus services are distinguished by a disciplined evaluation of client objectives and competencies and a commitment to the successful execution of important corporate transactions.

For further information, please contact:

Cronus Partners LLC
Director, Marketing and Business Development