Houlihan Lokey Advises Safe Aviation Solutions
Houlihan Lokey is pleased to announce that Safe Aviation Solutions, a portfolio company of MPE Partners, has been acquired by StandardAero, a portfolio company of The Carlyle Group (NASDAQ:CG). Houlihan Lokey served as the exclusive financial advisor to Safe Aviation Solutions. The transaction closed on June 17, 2019.
Safe Aviation Solutions 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. Safe Aviation Solutions is recognized for difficult-to-repair components on commercial aerospace programs with large installed bases. Some of the more notable programs currently served include V2500, CFM56-5, CFM56-7, RB211, and Boeing 787 platforms. The company operates from two primary locations in South Florida with 56,000 square feet of operations and approximately 120 employees.
StandardAero is one of the world's largest independent providers of services, including engine and airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions, and paint applications. StandardAero serves a diverse array of customers in business and general aviation, airline, military, helicopter, components, and energy markets. StandardAero is owned by The Carlyle Group, a global investment firm with deep industry expertise.
Houlihan Lokey's Aerospace, Defense & Government (ADG) Group is the leading M&A advisor to aerospace, defense, government services, and homeland security companies. Since 2016, we have closed more than 50 transactions totaling over $10 billion in enterprise value. With a staff of approximately 30 investment bankers in Washington, D.C. and Los Angeles, Houlihan Lokey's ADG Group is among the largest dedicated industry banking groups worldwide.
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