Aviation Technical Services (ATS) is continuing its component growth strategy with its newest acquisition—Texas-based Ranger Air. ATS says the latest addition to its family will launch the company into the parts trading business while providing Ranger Air with access to ATS’ comprehensive repair capabilities.
“We were in the market for a materials company or parts trading company and had looked at several. We felt Ranger was really best in class and pursued them aggressively,” explains Brian Hirshman, ATS president. “This plays into our broader component strategy,” he says, adding that parts trading and materials solutions are a natural extension to ATS’ current product offering.
According to Paul Dolan, chief operating officer at ATS, Ranger Air had appeal as an established leader in the competitive used serviceable material business. “Joining Ranger with the ATS Components offerings supports our company goals of continued targeted and strategically focused growth in the Dallas-Fort Worth area by adding a whole new level of capability focused on customers while introducing additional flexibility for our current operation’s needs,” he says.
ATS has completed a slew of recent acquisitions in the Dallas-Fort Worth area, including Texas Air Composites, Texas Pneumatic Systems, Aviation Industry Repair and—most recently—American Cooler Service. Hirshman says the Dallas-Forth Worth area is particularly attractive to the company due to its concentration of ATS’ largest customers, which include Southwest Airlines, American Airlines and Boeing.
According to Hirshman, Ranger Air is complementary to these other recent acquisitions because it can both feed materials to the shops and supply work to those shops in the form of repairs. Additionally, Hirshman says ATS is excited about integrating Ranger Air’s enterprise resource planning (ERP) system, which has synergies with many of ATS’ core systems. The company is not disclosing pricing of the acquisition, which was completed today.
Although ATS is not sharing details about any other future acquisition prospects it might be eyeing, Hirshman says the company is active in the marketplace while being very selective and methodical about acquisition prospects.