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

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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 company’s executive team, led by CEO P.J. Anson, will continue to steer the business and remain significant shareholders.

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.

P.J. Anson, CEO of STS Aviation Group, commented, “We are thrilled to partner with H.I.G. as we enter the next phase of STS’s growth. With H.I.G.’s extensive resources and experience, we are well-positioned to execute our strategic growth plans, expand our global presence, enhance our aircraft service offerings, pursue add-on acquisitions, and continue providing innovative, high-quality solutions to our customers.”

Matt Gullen, Managing Director at H.I.G., added, “We are very excited to partner with P.J. and the STS team, and are highly impressed with the global business they have built. STS has established itself as a leader in the industry through its dedication to providing high-quality and reliable service through a highly skilled technical workforce and best-in-class leadership team. We look forward to working with the Company to build upon their success and support the many growth initiatives ahead.”