Bayside Capital Acquires Flight Express, Inc.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- Bayside bay·side adj. Situated very close to or on the shore of a bay: bayside cottages. Capital, Inc. ("Bayside") announced today that its affiliate has acquired Flight Express, Inc. ("Flight Express"). Headquartered in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. , Flight Express is a premier provider of high-security, same-day air courier A monospaced typeface originating from the typewriter that is commonly used for letters. It is still considered by many to be the "appropriate" typeface for business correspondence. services to banking and life sciences customers in the South and Midwest. Flight Express is the world's largest operator of Cessna 210 aircraft and operates 84 aircraft from facilities in eight states. John Kirchhoefer, President of Flight Express, said, "In Bayside, we have a new partner that shares our commitment to excellent customer service, safety and reliability. We look forward to working with Bayside to continue to grow the business." John Caple, of Bayside, said, "We have long admired the business that John Kirchhoefer and his team at Flight Express have built. We plan to work closely with the organization to continue their success." About Flight Express, Inc. Flight Express, Inc. provides value-added, time-critical aviation services to a diverse set of customers in the most service-intensive, cost-effective manner possible. Flight Express operates dedicated charters that provide expedited transportation services to banks, life sciences companies and other time-critical small package shippers across the South and Midwest. For more information, visit Flight Express's website at www.flightexpress.com. About Bayside Capital Bayside Capital is a private investment firm which actively invests in the debt and equity of middle market companies that can benefit from operational enhancements, improved access to capital, or balance sheet realignments. With the ability to provide capital through a broad array of securities including senior and subordinated debt Subordinated Debt A loan (or security) that ranks below other loans (or securities) with regard to claims on assets or earnings. Also known as "junior security" or "subordinated loan". , equity, Debtor-In-Possession facilities, and special situation loans, Bayside has the experience and resources to help companies quickly resume growth initiatives and improve their strategic position. Bayside Capital is an affiliate of H.I.G. Capital, a leading global private equity investment firm specializing in acquisitions and recapitalizations of middle market businesses. Based in Miami, Florida “Miami” redirects here. For the Native American tribe, see Miami tribe. Miami is a major city in southeastern Florida, in the United States. It is the county seat of Miami-Dade County. Miami is a gamma world city with an estimated population of 404,048. , and with offices in Atlanta, Boston, and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden in the U.S. as well as, affiliate offices in London, Hamburg Hamburg, city, Germany Hamburg (häm`b  rkh), officially Freie und Hansestadt Hamburg (Free and Hanseatic City of Hamburg), city (1994 pop. and Paris in Europe, H.I.G. is one of the most active
private equity investors in small and medium-sized companies. We have in
excess of $7.5 billion of committed equity capital to support our
investment activities. In the last decade, we have invested in over 200
companies with combined revenues of over $7 billion. For more
information, please refer to the Bayside Capital website at
www.bayside.com.
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