Aero Financial Purchases 65% Of Sycamore Ventures

Law360, New York (February 10, 2012, 7:23 PM EST) -- Private equity and consulting company Aero Financial Inc. will take on a 65 percent ownership interest in holding company incubator Sycamore Ventures Inc., Aero announced Friday.

San Diego-based Aero did not say how much the transaction would cost, and a message left for its CEO was not immediately returned.

Aero CEO James Price said in a statement that the deal was part of the company’s initiative to augment its capabilities as a strategic advisor and to enhance its overall portfolio.

“Our mission is to build out...
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