SK AeroSafety Group, a portfolio company of Levine Leichtman Capital Partners and provider of maintenance, repair and overhaul services to the aviation safety industry, has acquired Fire-Tec Aero Systems.
Fire-Tec is a provider of MRO aviation services and specializes in fire extinguishers, oxygen bottles and emergency power equipment. The firm services over 350 customers across a diverse group.
“We are excited to partner with Fire-Tec to build on SK’s growing reach in the United States by adding further specialist fire safety capabilities to our portfolio,” said Chris Wright, CEO of SK. “Combining with Fire-Tec will enhance SK’s customer offering, and further solidify our position as a global market leader.”
“We are thrilled to continue our support of SK and its ongoing acquisition strategy,” commented Josh Kaufman, senior managing director at LLCP. “The acquisitions of Fire-Tec and the successful acquisition of SEMCO in 2019, has enabled SK to develop meaningful scale and capability in the U.S. market.”
SK was advised by Honigman LLP and Grant Thornton LLP.