MRO Toledo Jet Center Is Now Under New Ownership
The company holds FAA and EASA authorizations
In operation since 2009 with locations in Ohio and Florida, maintenance provider Toledo Jet Center is now under new ownership and is ready for growth. © Bill Pribe/Toledo Jet Center

Toledo Jet Center (TJC), a maintenance provider with FAA and EASA Part 145 authorizations, has been acquired by private-equity firm 313 Equity Partners. The company, which specializes in Cessna jets with factory-trained technicians, began operations at the former Citation Service Center at Ohio’s Eugene F. Kranz Toledo Express Airport (KTOL) in 2009 and expanded with a satellite location at Fort Lauderdale Executive Airport (KFXE) in 2012.

At KTOL, it occupies 31,800 sq ft of hangar space, and in Fort Lauderdale, the company operates a similarly sized facility on the northwest side of the airport. TJC is also an authorized dealer and installer for Garmin, Universal Avionics, and Honeywell Aerospace.

“We are excited about the opportunities for Toledo Jet Center,” said Greg Fell, a veteran of the aviation industry and partner at 313 Equity Partners who will serve as the maintenance provider’s CEO. Fell added that he believes TJC is positioned for significant growth, with upgrades to the KTOL facility’s hangar enabling it to perform major inspections on larger aircraft.

“Coupled with our facility at KFXE in Fort Lauderdale, we are committed to investing in the business to deliver world-class services at highly competitive rates, leveraging our heavy maintenance capabilities in the Midwest,” he said.