STS Aviation Group Announces Strategic Investment by H.I.G. Capital

Jensen Beach, Florida – October 8, 2024 – STS Aviation Group (STS), a global leader in aircraft maintenance services, is pleased to announce a significant equity investment by H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm. STS’s executive team, led by CEO P.J. Anson, will remain at the helm and continue as significant shareholders in the company.

Founded in 1984, STS Aviation Group provides comprehensive, nose-to-tail aircraft maintenance services to the global aviation industry. Headquartered in Jensen Beach, Florida, with facilities and offices worldwide, STS operates four state-of-the-art aircraft hangars, two aircraft interior modification centers, and more than 45 line maintenance stations across North America and the United Kingdom. The company specializes in aircraft base and line maintenance, aircraft interior solutions, aerospace engineering, aircraft repairs and modifications, parts sales, global distribution, and workforce management. Known for its customer-first approach, STS helps airlines, aircraft lessors, and military organizations meet their maintenance and operational needs globally.

P.J. Anson, CEO of STS Aviation Group, commented, “Partnering with H.I.G. Capital marks an exciting new chapter for STS. With H.I.G.’s vast resources and expertise, we’re positioned to accelerate our growth strategy, expand our global reach, enhance our service offerings, and pursue new acquisitions—all while maintaining our commitment to delivering innovative, high-quality solutions to our customers.”

Matt Gullen, Managing Director at H.I.G. Capital, said, “We’re thrilled to partner with the STS team. Their impressive track record of providing top-tier aviation services through a skilled workforce and exceptional leadership has positioned STS as a leader in the industry. We look forward to working together to build on their success and drive future growth.”