EIC Buys Military Aviation Training Boutique CTI

Credit: U.S. Air National Guard Photo/Master Sgt. Vincent De Groot 185th ARW
Memphis-based Crew Training International (CTI), a 30-year-old specialist in providing aviation training services to the military, has been sold to acquisition-based investor Exchange Income Corp. (EIC) for $45 million, the companies announced Dec. 16. CTI’s 500 employees work on various military...

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