BBA Aviation to Acquire EPIC Fuels
BBA Aviation plc announced today that it will acquire EPIC Aviation LLC, DBA Epic Fuels, a privately-held company with headquarters in Irving, Texas; operations in Salem, Oregon and its subsidiary, QTpod in Boulder, CO. It is anticipated that EPIC Fuels will be a separate operating business within the BBA Aviation portfolio.
This acquisition of EPIC Fuels, a leader in aviation fuel supply, logistics, transaction processing, and self-service fueling devices, complements BBA Aviation’s FBO Network, Signature Flight Support. The addition of EPIC Fuels will generate opportunities for all BBA Aviation stakeholders, including an extensive network with complementary offerings benefiting its various customers.
Mark Johnstone, BBA Aviation Chief Executive commented “We are pleased to have reached an agreement to acquire EPIC. This acquisition fully supports the strategic development of Signature through increasing our network relevance, extending the range of fuel and non-fuel services we offer our customers across our unique FBO network and continuing to establish a competitive cost structure through investment in technology and economies of scale.”
“We’re proud to be joining BBA Aviation, a world-class company who is an acknowledged leader in aviation with whom we share aligned values,” said Kevin Cox, EPIC Fuels President. “Over the past 78 years of continuous operations, EPIC has developed a loyal, diverse, and supportive customer base. This acquisition will generate significant opportunities for all of our customers who depend upon our team for fuel, services and award-winning fueling devices.”
Although FBOs within the EPIC Fuels network will remain independent and retain their current branding and fuel supply, the combined Signature Flight Support and EPIC Fuels networks will provide expanded choices for business and general aviation customers. EPIC provides fuel and fuel related services at 205 privately owned, independent FBO locations, 185 of these locations are branded EPIC and 20 are branded UVAir. The addition of EPIC’s 205 FBO locations is complementary to the existing Signature Select® branded locations, establishing a virtual, non-owned, network to operate alongside Signature’s market-leading, owned FBO network. This creates a total network of over 400 FBO locations significantly extending Signature’s network relevance and the range of services it can offer.
The acquisition expands an existing relationship between Signature Flight Support and EPIC Fuels to offer the Epic/Signature Multi Service Aviation Card. More than 529 merchants at 505 airports currently accept the EPIC/Signature Card within the networks; while the card is accepted at over 8,000 locations worldwide through U.S. Bank’s Multi Service Aviation Network.
QTpod manufactures and distributes self-serve fueling systems, with over 1,600 units already in service, it is poised to expand its footprint in the aviation industry with the recent development of the M4000, a state-of-the art, “Product of the Year” awarded, patent-pending, and cloud-based self-serve fueling terminal which was introduced in the market in June 2017.
The acquisition is subject to certain governmental and regulatory approvals.
Signature Flight Support, a BBA Aviation plc company, is the world’s largest fixed-base operation (FBO) and distribution network for business aviation services. Signature services include fueling, hangar and office rentals, ground handling, maintenance and a wide range of crew and passenger amenities at strategic domestic and international locations. Headquartered in Orlando, Florida, Signature currently operates at more than 200 locations in the United States, Europe, South America, Africa and Asia. For more information, please visit:www.signatureflight.com or on Facebook at www.facebook.com/signatureflightsupport. Follow Signature Flight Support on Twitter: SignatureFBO
BBA Aviation plc is a market leading, global aviation support and aftermarket services provider, primarily focused on servicing the Business and General Aviation (B&GA) market. We support our customers through three principal businesses: Signature Flight Support and Signature TECHNICAirTM which provide premium, full service flight and home base support including refuelling, ground handling, hangarage and MRO services through the world’s largest fixed base operation (FBO) network for B&GA users with around 200 locations covering key destinations in North America, Europe, South America, Caribbean, Africa and Asia. Ontic is a leading provider of high-quality equipment and cost-effective solutions for the continuing support of maturing and legacy aerospace platforms with locations in the USA, Europe and Asia. Engine Repair & Overhaul/Global Engine Services is a leading independent engine service provider to global B&GA operators, the rotorcraft market and regional airline fleets with locations in the USA, Europe, South America, Asia and the Middle East. For more information, please visit www.bbaaviation.com.
EPIC Fuels is a major supplier of fuels and services to FBOs, commercial airlines, airports, ground fueling operators, the U.S. Defense Logistics Agency (DLA) and other government agencies around the world. Our largest customers include Fortune 500 flight departments, top-tier FBOs, major airlines, original equipment manufacturers (OEMs), charter and cargo operators as well as all branches of the U.S. military. In addition, we offer the EPIC Card, an aviation fuel card for retail or contract fuel purchases and ancillary services. The EPIC Card is accepted both in and out of network, at over 8,000 locations worldwide. QTpod, a wholly-owned subsidiary of EPIC Fuels, has set the standard for self-serve fueling in the aviation and marine industries for over 25 years. With over 1,600 installations throughout North America, our self-serve fuel management systems are designed to operate in any climate, from Alaska to the Florida Keys. For more information about EPIC Fuels, visit www.epicfuels.com and for QTpod, visit www.qtpod.com
