Goodrich Aviation Technical Services (ATS), the airframe heavy maintenance component of Goodrich, has been sold to a subsidiary of Macquarie Group.

ATS has more than 1,200 employees at its 950,000-sq-ft facility in Everett, Wash., and serves a broad base of North American and global customers by providing maintenance, repair and overhaul services to airlines, cargo fleet operators and aircraft owners.

Macquarie Group is a diversified global financial services institution headquartered in Sydney, Australia. It has a broad range of experience in managing and owning investments in the aviation industry, including airports, aircraft leasing, jet engine leasing and FBOs.