StandardAero has acquired Safe Aviation Solutions to expand its components, helicopters & accessories (CH&A) division and its portfolio of MRO and component repair services.
While terms of the transaction were not disclosed, Houlihan Lokey acted as exclusive financial advisor to B&E Group in its sale of Safe Aviation Solutions.
Save Aviation Solutions is a privately held company that provides comprehensive testing, repair, overhaul and modification of engine fuel system components, pneumatic/hydraulic/actuation systems and aircraft power generation systems for airlines, freight companies, OEMs and other MRO providers.
The company operates from two primary locations in South Florida, with nearly 56,000 square feet of operations and approximately 120 employees.
With the addition of Safe Aviation Solutions’ two Florida repair locations, StandardAero now has 39 primary repair facilities located on five continents with more than 6,100 employees worldwide.