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.
Save Aviation Solutions (Safe Fuel, Accel and B&E ACR businesses) 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 f²t of operations and approximately 120 employees.
Safe Aviation Solutions has an outstanding reputation for superior repair quality on difficult-to-repair components and highly skilled and experienced employees focused on serving commercial aerospace programs with large installed bases of aircraft. Some of the more notable programs currently served include V2500, CFM56-5, CFM56-7, RB211 and Boeing 787 platforms.