StandardAero
StandardAero
Industry
About StandardAero
StandardAero is a leading independent provider of maintenance, repair, and overhaul (MRO) services for aerospace engines and components. Established in 1911, the company has grown to become one of the largest MRO providers globally. It serves a diverse clientele including commercial, military, business aviation sectors, and industrial power customers.
Company Divisions
The company operates two primary divisions:
- Engine Services – offers scheduled and unscheduled engine maintenance, repair, overhaul, on-wing and field service support, asset management, and engineering solutions.
- Component Repair Services – specializes in engine component and accessory repairs, serving various end markets and is one of the largest independent engine component repair businesses worldwide.
Headquarters and Locations
Headquartered in Scottsdale, Arizona, StandardAero operates 49 primary facilities worldwide. It is supported by strategically located regional service and support centers.
The company's global presence includes locations in the United States, Canada, Europe, Singapore, and Australia. Notable U.S. facilities are located in:
- Torrance, CA, USA
- Long Beach, CA, USA
- The Woodlands, TX, USA
Ownership and Growth
In 2019, StandardAero was acquired by The Carlyle Group, a global investment firm, from Veritas Capital. This acquisition has allowed the company to expand its capabilities and continue its growth trajectory in the aerospace MRO industry.
Public Offering
In September 2024, StandardAero filed for an initial public offering (IPO) in the United States to list on the New York Stock Exchange under the ticker "SARO."
The IPO shares opened 29% above the offer price at $31, valuing the company at approximately $10.38 billion.
Reputation and Expertise
StandardAero's extensive experience and comprehensive service offerings have established it as a trusted partner in the aerospace industry. The company is committed to delivering high-quality MRO services to its global clientele.