STS Aviation Group Acquires Airbase Services, Inc.
January 6, 2020
STS Aviation Group acquired Airbase Services, Inc., an aircraft interiors maintenance, repair and management specialist based in Montreal, Quebec. The acquisition gives STS immediate entry into the Canadian MRO market through Airbase’s four Transport Canada–approved facilities (YUL, YYZ, YWG, YVR); terms were not disclosed and Airbase’s acting president Lena Watters will remain on as President.
- Buyers
- STS Aviation Group
- Targets
- Airbase Services, Inc.
- Industry
- Transportation
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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