Saturday, 23 Nov 2024

H.I.G. Capital Strengthens Aviation Portfolio with Investment in STS Aviation Group

H.I.G. Capital, a prominent global alternative investment firm managing $65 billion in capital, has announced a strategic equity investment by one of its affiliates in STS Aviation Group. STS, a global leader in aviation services, provides comprehensive aftermarket, MRO (Maintenance, Repair, and Overhaul), and distribution solutions to the aviation and defense sectors. The company̢۪s executive team, led by CEO P.J. Anson, will continue to steer the business and remain significant shareholders.


H.I.G. Capital Strengthens Aviation Portfolio with Investment in STS Aviation Group
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Established in 1984, STS Aviation Group serves the global aviation industry with a full suite of services. Headquartered in Jensen Beach, Florida, STS operates four cutting-edge aircraft hangars, two aircraft interior modification facilities, and more than 45 line maintenance stations across North America and the UK. The company excels in aircraft base and line maintenance, interior solutions, aerospace engineering, repairs, modifications, parts sales, global distribution, and workforce management. Renowned for its customer-centric approach, STS supports airlines, aircraft lessors, and military organizations with their maintenance and operational needs worldwide.

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