StandardAero obtains Safe Aviation Solutions to expand component repair:
12 September 2019: StandardAero has taken over 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. Houlihan Lokey was the 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 offers 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 almost 56,000 square feet of operations and around 120 employees.
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