Expands Component Repair And LRU Portfolio
StandardAero has acquired Safe Aviation Solutions (including Safe Fuel, Accel and B&E ACR), formerly the MRO services subsidiary of the B&E Group, which will continue to expand StandardAero’s Components, Helicopters & Accessories (CH&A) division and its portfolio of MRO and component repair services. 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.