PROPRIETARY First Equity Copyright 2018 © First Equity Group, Inc. – 47 – First Equity Development Valuation Assignment: Atlantic Aviation • The owners of this Delaware-based corporate aviation pioneer, the duPont family, were seeking alternatives for their interest in the company • Wishing to assure the long-term success and growth of Atlantic, the owners engaged First Equity to weigh the options • First Equity proceeded to value Atlantic, then developed a strategic plan, generating proposals from a number of different prospective purchasers • In due course, Atlantic was sold to Macquarie Bank Ltd. of Sydney, Australia and became the cornerstone in a strategy to create a consolidated aviation services enterprise