CVC FUND VII completed acquisition of ONTIC, UK from BBA Aviation

Stephen Costley November 08, 2019
CVC FUND VII completed acquisition of ONTIC, UK from BBA Aviation for just under $1.4b. Ontic has >165 licenses for >7,000 parts and operates out of facilities in Chatsworth, CA; Creedmoor, NC; Plainview, NY; Cheltenham, UK; and Singapore.
Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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