Everside Capital Partners Announces Sale of Odyssey Aviation U.S.
January 2025
Everside Capital Partners, LLC (“Everside”) is pleased to announce the sale of Odyssey Aviation U.S. (“Odyssey” or the “Company”) to Tallvine Partners, an independent investment firm focused on middle-market infrastructure assets. The transaction marks a successful exit for Everside, its co-investment partner Granite Creek Capital Partners, L.L.C. (“Granite Creek”), and Odyssey’s majority owner, Equivu Capital, LLC (“Equivu”).
Odyssey has established itself as a premier fixed-base operator (FBO) in the private aviation sector, providing comprehensive services including aircraft de-icing, hangar rental, fuel supply, and ground handling. The company maintains strategic operations across three locations: Kissimmee Gateway Airport (ISM) in Florida, Willow Run Airport (YIP) in Michigan, and McKinnon St. Simons Island Airport (SSI) in Georgia.
During Everside’s ownership period, the company successfully expanded its footprint through the strategic acquisition of its McKinnon St. Simons Island Airport location. This growth initiative was executed under the leadership of Sal Calvino, Odyssey’s Chairman of the Board and CEO of Equivu, alongside Ken Allison, CEO of Odyssey.
“Everside, alongside its trusted partner Granite Creek, which led the transaction, was deeply impressed by Sal and his team’s professional expertise, relentless hard work, and unwavering dedication to Odyssey’s success,” said Everside’s Co-Founder and Managing Partner, Moritz Poehl.
About Everside Capital Partners
Everside is an SEC-registered investment advisor, as well as a SBIC (Small Business Investment Company) license holder based in New York, NY. With over $1.9 billion in assets under management across its funds, Everside partners with leading SBIC managers in the lower middle market through its primary and secondary investing strategies, and also makes direct credit and equity investments in small businesses through its direct investing strategies. As a flexible capital provider, Everside offers debt and structured equity solutions for recapitalizations, acquisitions, liquidity events, and management buyouts.
For more information, please visit us at www.everside.com
*This communication is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or of any fund or account Everside Capital Partners, LLC (the “Adviser”) manages or offers. Although the information provided herein has been obtained from sources which the Adviser believes to be reliable, we do not guarantee its accuracy, and such information may be incomplete or condensed. The information is subject to change without notice and the Adviser has no obligation to update you.
This document should not be the basis of an investment decision. An investment decision should be based on your customary and thorough due diligence procedures, which should include, but not be limited to, a thorough review of all relevant term sheets and other offering documents as well as consultation with legal, tax and regulatory experts. Statements made in this release include forward-looking statements which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” or believe,” or other variations thereon. Certain information contained herein constitutes opinions, intentions, or beliefs of the Adviser, which may be preceded by the terms “belief,” “opinion,” or other similar terms. Such statements of “opinion” merely represent the Adviser’s state of mind and should not be construed as a material statement of fact. Any use of adjectives or superlatives included herein are a good faith opinion of the Adviser including but not limited to language such as “exhaustive,” “superior,” or “leading,” and should not be construed as material statements of fact. Further, other third parties may not agree with the opinions of the Adviser.