Springbank Capital acted as the exclusive financial advisor to Airbase Services, Inc./Les services Airbase Inc.

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We are pleased to announce the sale of Springbank Capital Corp.’s client Airbase Services, Inc./ Les services Airbase Inc., an aircraft interiors maintenance, repair and management specialist based out of Montreal, Canada to STS Aviation Group, a leading global aviation solutions company.

Springbank Capital Corp. (“Springbank”) acted as the exclusive financial advisor to Airbase Services, Inc./Les services Airbase Inc.

About Airbase Services, Inc./Les services Airbase Inc.:

With roots dating back to 1962, Airbase services Inc./Les services Airbase Inc. (“Airbase”), is a leading provider of maintenance, repair and maintenance services to the transportation industry in Canada. Airbase’s objective has always been to satisfy customer’s needs, through the continuous development of innovative and cost-effective repair service solutions. Airbase is committed to providing the highest levels of customer service in the industry to the mutual reward of their customers and employees.

About STS Aviation Group:

Founded in 1986, STS Aviation Group (“STS”) is a one-stop service provider to the global aviation industry. With headquarters in Jensen Beach, Florida and offices around the world, STS delivers nose-to-tail solutions with unmatched results and expertise. To learn more about STS Aviation Group and what makes it the company with “Solutions to Keep You Flying,” please visit www.stsaviationgroup.com or call 1-800-800-2400.

About Springbank Capital Corp.:

Springbank brings investment banking to mid-market businesses in Canada. It offers one-on-one, customized services, an extensive and proven track record of completed deals, and an international reach – all underpinned by an understanding of and passion for what it takes to succeed in the Canadian mid-market. Springbank’s President, Jennifer Chasson, is also a Partner with Zeifmans LLP, a Toronto-based accounting practice that combines the capabilities and world reach of a multinational, with the efficiency and service of an independent practice.