MassDevelopment

Salem Five Provides Lead Financing for Acquisition of Beverly Airport Service Provider North Atlantic Air

January 30, 2017


FOR IMMEDIATE RELEASE

Contact:
Hilary Allard, The Castle Group for Salem Five, 617-337-9524

Salem Five announced today that the bank served as the lead lender to finance the purchase of KR Diversified, Inc. d/b/a North Atlantic Air, a provider of fixed based operations at Beverly Airport. Salem Five partnered with MassDevelopment to finance the acquisition by Nicholas W. Burlingham and John M. Messenger.

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