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During his four years at Piper, Bass oversaw improvement of the PiperJet, the Meridian G1000 and the Matrix, and negotiated a new enterprise partnership with Honda. On 1 May 2009, American Capital Strategies sold the company to Singapore-based investment strategy firm Imprimis, making a revenue of US$31 million on the sale. Piper is get together to an settlement with the state of Florida that can see the corporate benefit from $32 million in incentives in trade for rising its work force to 1400 people and constructing the PiperJet in the state. In response to the late 2000s recession, the company announced in November 2008 that it was reducing its work-week to save money while avoiding lay-offs.

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At the identical time, executive vice president Randy Groom also resigned from the corporate and it was announced that the Piper Altaire program was “under evaluate”. On 17 October 2011, the company announced Simon Caldecott had changed Geoff Berger as interim CEO. Piper began renovation of a seventy five,000 sq ft (7,000 m2) manufacturing unit in Vero Beach in October 2010, with a completion aim of 2011. Additionally in July 2010, longtime Piper media spokesman Mark Miller left the corporate. On 4 January 2010, the company introduced Boeing subsidiary Aviall would act as Piper’s sole global components distributor. He additionally negotiated $32 million in incentives from the state and county that retained Piper’s factory in Vero Seaside, Florida.