StandardAero acquires Unified Turbines, no terms

StandardAero (SARO) announced it has acquired Unified Turbines, LLC (Unified Turbines) in an all-cash transaction. Unified Turbines represents StandardAero’s 14th acquisition since 2015 and eighth acquisition in its Component Repair Services (CRS) segment. “Unified Turbines represents a strategic addition to StandardAero and supports our commitment to disciplined, value-accretive growth,” said Russell Ford, StandardAero’s Chairman and Chief Executive Officer. “This acquisition expands our capabilities on several key turboprop platforms where we already serve a large global customer base, while strengthening the technical depth we deliver across our MRO network. Unified Turbines has been a trusted partner to us for years and bringing their expertise in-house will create meaningful value for our customers and stockholders as we continue to pursue our strategic growth priorities.”