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Wellrock Capital Partners leads investors creating nation's largest air taxi service

The merger represents one of the biggest moves in the air taxi industry.

FREDERICK, MD. – Wellrock Capital Partners led a group of investors funding a merger between Kavoo and ImagineAir creating the nation’s largest air taxi service. The merged airline spans the entire Eastern United States.

After the closing of the transaction, the founders of the airlines will continue to hold a majority of the equity of the business and the management of ImagineAir will direct its day-to-day operations. “Kavoo brought significant market share of the North East and ImagineAir, which is very established in the South East, has innovative technology that lowers the cost of operations and improves efficiencies dramatically,” said Dennis Hoffman, managing partner of Wellrock, “This is an industry-changing merger. And we’re very excited to play a part in the accelerating growth of ImagineAir.”

The merger represents one of the biggest moves in the air taxi industry. “ImagineAir is making personal aviation more affordable than anyone thought possible,” said Ben Hamilton, CEO of ImagineAir.

The merger also combines the service area of both operators, growing ImagineAir’s footprint to cover the entire Eastern seaboard. “ImagineAir can replace a six hour drive with a 50 minute flight,” Hoffman said, “It’s like they invented a time machine.”

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Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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