Bluehenge Capital Partners Announces Successful Exit of Rotorcraft Leasing Company
Bluehenge Capital Partners (Bluehenge) today announced the successful recapitalization of Rotorcraft Leasing Company, LLC (RLC) to Voyager Interests (Voyager), marking the conclusion of Bluehenge’s investment in one of the Gulf Coast’s leading providers of offshore aviation services.
Headquartered in Broussard, Louisiana, RLC is one of the largest helicopter operators serving the offshore Gulf Coast and California markets. The company provides mission-critical aviation services, transporting personnel and equipment to offshore energy infrastructure while maintaining an unwavering commitment to safety, operational excellence and customer service.
Today, RLC operates more than 30 helicopters supported by six strategically located flight bases and more than 30 offshore fueling stations.
Since partnering with the company, Bluehenge has worked alongside RLC’s leadership team to support continued operational excellence and position the business for long-term success.
“RLC has built an outstanding reputation through its commitment to safety, reliability and exceptional customer service,” said Robert Davis, Director of Bluehenge. “It has been a privilege to partner with Dru Milke and the entire RLC team throughout this chapter of the company’s growth.”
Bluehenge recognized RLC’s experienced leadership team, strong customer relationships and differentiated market position as key drivers of the company’s long-term value.
Throughout the partnership, the company continued serving critical offshore energy customers while reinforcing its position as a trusted aviation provider throughout the Gulf Coast and California.
Bluehenge also congratulated Voyager Interests and RLC on the transaction.
“We appreciate the dedication of the entire RLC team and thank them for their partnership throughout our investment,” said Davis. “We are incredibly proud of what has been accomplished together and believe Voyager is well positioned to support RLC’s continued success.”
About Bluehenge Capital Partners
Bluehenge Capital Partners is a Baton Rouge, Louisiana-based private equity and private credit investment firm offering creative capital solutions for lower middle-market businesses across various industries. In partnership with the US Small Business Administration, Bluehenge has raised over $600 million of capital in pursuit of its strategy. The Bluehenge team has a long history of providing capital for buyouts, acquisitions and growth to companies across a nationwide footprint. For additional information, please visit bluehenge.com.
About RLC
RLC is one of the largest helicopter operators in the Gulf of America, providing offshore aviation services to leading energy companies. Headquartered in Broussard, Louisiana, the Company operates six strategically located flight bases in Broussard (LA), Galliano (LA), Venice (LA), Mouton Cove (LA), Sabine Pass (TX) and Santa Maria (CA). With a commitment to safety, operational excellence and customer service, RLC transports personnel and equipment to offshore production platforms, drilling rigs and other offshore facilities throughout the region. Learn more online at www.rlcllc.com.
About Voyager
Voyager Interests, based in Houston, Texas, is a specialized private equity firm that invests in ES&E companies across the world. Voyager is the most active private equity firm in the sector, with nine acquisitions completed since 2021. The firm is seeking new platform investments with enterprise values up to $500 million (or more with co-invest) across a range of transaction types, including complex international carve-outs, recapitalizations and growth equity investments. Learn more online at www.voyagerinterests.com.