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New Deal


Announced

Greenbriar Equity-backed STS Aviation to acquire Airbase Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Maintenance Repair and Overhaul (MRO)

Majority

Private

transportation services

Private Equity

Cross Border

Single Bidder

Friendly

Canada

Pending

Acquisition

Synopsis

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Greenbriar Equity-backed STS Aviation, a global aviation solutions company, agreed to acquire Airbase Services, an aircraft interiors maintenance, repair and management specialist. Financial terms were not disclosed. With this acquisition, STS formally enters the Canadian MRO market as Airbase has four Transport Canada approved facilities in YUL, YYZ, YWG and YVR. The sale is being publicized as turnkey, and STS will immediately assume control of Airbase personnel and operations.

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