Fortbrand has acquired Xcēd Aviation Services from Sasser in a move the company says will expand its footprint.
Together, Fortbrand and Xcēd will serve ground handlers, passenger airlines, airports, cargo companies and other end users with a fleet of over 4,900 pieces of equipment across more than 190 airports. The companies will operate across the US, UK and Canada.
“With this strategic acquisition, Fortbrand is expanding its footprint and increasing its ability to serve both single-site and multi-site customers with high-quality, responsive and reliable service,” the company said.
Jared Verano, president and CEO of Fortbrand, said: “We are thrilled to welcome Xcēd’s customers and employees to the Fortbrand family.
“This transaction will support our long-term plan to enhance our asset base, deliver great service to our customers and accelerate growth.
“With our expanded network, we will be able to respond faster, offer more equipment options and draw from a greater team of experienced professionals to get the job done right.”
Jeff Walsh, CEO of Sasser, added: “In just over a decade, Sasser built, from the ground up, an innovative, customer-centric GSE leasing business and established a brand that is well-known across the industry.
“We are proud of the team and of the journey we’ve had with Xcēd, and we are excited to watch Fortbrand and Xcēd embark on this next exciting chapter.”
