RLC ANNOUNCES INVESTMENT FROM SANKATY
RLC, the largest privately-held helicopter operator for the oil & gas industry in the Gulf of Mexico, announces that it has secured a strategic investment from Sankaty Advisors, one of the nation's leading private managers of fixed income and credit instruments. Terms of the private transaction were not disclosed.
Headquartered in Broussard, Louisiana, RLC provides complete helicopter services to the oil and gas industry throughout the Gulf region. The company also provides full-service helicopter maintenance to its fleet and customers.
“This funding milestone gives RLC the financial stability necessary to allow the company to excel at providing the service our customers have come to rely upon,” says Rodger Bagwell, President, RLC. “Sankaty’s strategic, long-term approach to investing will be invaluable as we pursue our goals and work to realize our potential.”
“This investment reflects our strong confidence in the RLC team and business,” says Brett L’Esperance, Executive Vice President at Sankaty Advisors. “RLC has earned a position as the largest privately-held helicopter services company in the Gulf, and the team has distinguished itself through a passionate commitment to helping customers achieve their goals through exceptional service. We believe RLC is well positioned to attain the next level of customer value and market leadership.”
For more informatio visit http://www.rlcllc.net.