MIAMI, Oct. 8, 2024 /CNW/ — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $65 billion of capital under management, is pleased to announce that one of its affiliates has made a strategic equity investment in STS Aviation Group (“STS” or the “Company”), a leading global aviation services company. STS provides a wide range of aftermarket, MRO (Maintenance, Repair, and Overhaul), and distribution solutions to the aviation and defense industries. STS’s executive team, led by CEO P.J. Anson, will continue to lead the Company and remain significant shareholders in the business.
H.I.G. Capital Logo (PRNewsfoto/H.I.G. Capital)
Founded in 1984, STS Aviation Group is a one-stop service provider to the global aviation industry. Headquartered in Jensen Beach, Florida, with offices and facilities worldwide, STS operates four state-of-the-art aircraft hangars, two…