TrueNoord Limited

Based in the Netherlands, TrueNoord Limited is a regional aircraft leasing company specializing in providing tailored services to enhance operational efficiency for airlines. Founded in 2002 Anne-Bart Tieleman serves as the current CEO of the company. The company has successfully completed three deals, with the most recent deal occurring on November 7, 2018. The current CEO is Anne-Bart Tieleman.

TrueNoord specializes in leasing regional aircraft within the 50 to 150 seat range, offering a comprehensive suite of services including leasing, financing, fleet transition, and asset management tailored for airlines globally. The company aims to improve connectivity between secondary cities and remote locations, meeting the rising demand for regional air transport. TrueNoord serves clients from its offices in Amsterdam, Dublin, London, and Singapore, with a customer base focusing on airlines that seek flexible fleet optimization solutions. In the most recent financial year of 2022, TrueNoord reported a revenue of USD 86.

48 mn and an EBITDA of USD 72. 26 mn. The company's revenue generation is primarily through long-term leasing agreements and associated services, providing airlines with financial flexibility and access to a modern fleet. TrueNoord plans to leverage recent investments from Bregal Investments and other investors from November 2018 to expand its market reach and enhance its product offerings.

The company aims to introduce new leasing solutions in the coming years and is targeting expansion into emerging markets across Asia-Pacific and Latin America by 2025. The strategic use of funding will support these initiatives, facilitating the development of new products and strengthening its global presence. In April 2026, Arcus Infrastructure Services acquired a 74% majority stake in TrueNoord Limited from Freshstream Investment Partners, BlackRock, Capital Dynamics, Euro Private Equity, and Aberdeen Asset Management.