IdleAire under new ownership
Sep 9, 2008 11:12 AM
IdleAire Inc, Knoxville TN, comprised of six investment management companies, now owns essentially all of the bankrupt IdleAire Technologies Corp assets, according to IdleAire Inc information.
IdleAire Inc owners include advisory clients of Airlie Group, Kenmont Investments Management, SV Special Situations Fund, Whitebox Advisors; Wayzata Investment Partners, and Wilfrid Aubrey, LLC.
The new company is retaining both the IdleAire brand and the Advanced Travel Center Electrification (ATE) designation. The now privately-held company is also expected to remain headquartered in Knoxville and to retain current IdleAire employees, although there will be changes in senior management, according to the information.
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