Announced
Completed
Financials
Tags
United States
Single Bidder
Acquisition
Private
Friendly
Majority
Domestic
aerospace company
Aerospace
Completed
Synopsis
StandardAero, a maintenance, repair and overhaul provider company, completed the acquisition of Western Jet Aviation, business jet maintenance facilities company. Financial terms were not disclosed. “After nearly 50 years in aviation, it was time for me to pass the reins. We have accomplished so much at Western Jet, but it was also time to find the right partner to help Western Jet go to the next level. StandardAero is the perfect partner to help this company do just that. I am thrilled for the employees and for the future of this company,” Jim Hansen, Western Jet Founder and Owner.
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