In a strategic move poised to redefine aircraft maintenance in the business aviation sector, investment powerhouse 313 Equity Partners has officially acquired Toledo Jet Center. This acquisition marks a pivotal milestone for the renowned maintenance provider, which operates state-of-the-art facilities in Toledo, Ohio, and Fort Lauderdale, Florida, delivering top-tier services to a diverse fleet of turbine aircraft.
Greg Fell, the visionary leader who spearheaded the investment as a partner at 313 Equity Partners, steps into the role of CEO at Toledo Jet Center. With a proven track record as former Chief Operating Officer of Gama Aviation US and Chief Executive Officer of JetNet, Fell brings unparalleled expertise and a forward-thinking approach to propel the company to new heights.
“We are thrilled about the boundless opportunities ahead for Toledo Jet Center,” stated Fell. “This acquisition positions us for explosive growth. Our iconic Toledo facility—originally a Textron Citation Service Center—is undergoing a transformative upgrade, including a massive new hangar door that unlocks our ability to handle major inspections on larger aircraft models. Combined with our prime location at Fort Lauderdale Executive Airport, we’re doubling down on investments to offer unmatched, world-class services at rates that give our clients a competitive edge, all while harnessing the robust maintenance infrastructure of the Midwest.”
Established in 2009 following the closure of Textron’s Citation Service Center in Ohio, Toledo Jet Center has built a sterling reputation as a trusted independent MRO (Maintenance, Repair, and Overhaul) provider. Specializing in comprehensive services for aircraft such as Cessna Citations, Learjets, King Airs, Conquests, Jetstreams, Hawkers, Metros, and more, the company emphasizes cost-effective solutions backed by decades of factory-trained expertise.
This acquisition not only reinforces Toledo Jet Center’s commitment to innovation and customer satisfaction but also signals exciting expansions on the horizon, ensuring operators receive faster, more efficient support to keep their fleets soaring. As 313 Equity Partners infuses fresh capital and strategic vision, Toledo Jet Center is set to soar as a leader in the evolving landscape of business aviation.
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