StandardAero acquires Unified Turbines in all-cash transaction

StandardAero, a provider of aerospace engine aftermarket services, has acquired Unified Turbines, LLC in an all-cash transaction.

The deal marks StandardAero’s 14th acquisition since 2015 and its eighth in the component repair services segment. Unified Turbines specializes in repair capabilities for key engine platforms, expanding StandardAero’s offerings in maintenance, repair, and overhaul.

The announcement came from Scottsdale, Arizona-based StandardAero, which trades on the NYSE under the ticker SARO. Company contacts listed include Jake Saylor, vice president of marketing and communications, reachable at +1 602-209-1029 or Jake.Saylor@standardaero.com, and Rama Bondada, vice president of investor relations, at +1 480-377-3196 or Rama.bondada@standardaero.com.

Financial terms of the transaction were not disclosed.