Wednesday, June 23, 2010

VizStar, Inc. (VIZS.OB) Acquires 5 Star Jets; Adds $2 Million in Annual Revenues

VizStar, Inc., an upscale air charter transportation broker, announced after the close yesterday that the company has completed the acquisition of 5 Star Jets. The Westchester-based private jet charter company has over two decades experience in the private aviation and services industry via its principal, William Culpepper.

With last year’s revenues exceeding $2 million, 5 Star Jets brings immediate profitability and an ever-increasing strength to VizStar. The integration of the two companies have proven to be seamless due to similarities in business structure and pre-existing business relationships.

VizStar President and CEO Gary Clyburn Jr. commented, “We are already starting to realize the benefits of this acquisition through the combination of our strengths and connections. In addition to maximizing our organic growth, we are also committed to pursuing acquisition opportunities to augment our growth strategy.”

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