Job Aire Group filed for an initial public offering, according to US Securities and Exchange Commission records. The Tucson, Arizona-based firm provides staffing of aviation mechanics and technicians to aircraft maintenance facilities. It sources 96% of its workers from Mexico and Chile and has a recruiting office in Mexico, according to regulatory filings.

Proceeds of the IPO will go toward accelerating organic growth and possible acquisitions, according to a regulatory filing.

Job Aire’s anticipated trading symbol is JAG and it will trade on the NYSE American market. The company expects the offering price to be between $4.50 and $5.50 per share.

Other information in the filing includes:

• Wybridge Technologies, which currently owns 100% of shares, will own a majority of the common stock after the offer.
• Job Aire had 383 field employees in 2023 and revenue of $29.1 million in 2023, up 47.7% year over year. The company said increasing staffing availability drove growth. The company added 80 new field employees in 2023. Gross margin in 2023 was 12.2%.
• Job Aire President, CEO and Chairman Nicholas Ammons previously served as the director of operations at GAP Solutions, a business in the US Department of Defense and Department of Justice contracting space. Ammons also previously served as the senior advisor to the under secretary for management in the immediate Office of Secretary in the US Department of Homeland Security.
• CFO Kent Hush served as a special agent with the FBI for 23 years.