Signature Aviation, the world’s largest network of fixed-base operators, has announced the
acquisition of the TAC Air division of TAC – The Arnold Companies.
Through the acquisition, 14 TAC Air locations will rebrand and join the Signature network.
The acquisition marks Signature’s entry into 11 new markets within the heartland of the United States including Salt Lake City, Utah; Lexington, Kentucky; Buffalo, New York; and Knoxville, Tennessee.
Signature’s on-site presence at Denver Centennial Airport in Colorado and Dallas Love Field in Texas is further expanded through supplemental facilities, representing the company’s second and fourth FBO terminals at those airports, respectively.
In addition, Signature will assume ownership of the TAC Private Hangars complex at the Scottsdale Airport in Arizona.
“TAC Air is an example of home-grown success, and we’re delighted to share in the storied heritage of TAC Air while embracing its over 600 employees within the Signature team,” said Tony Lefebvre, chief executive officer of Signature Aviation. “We aim to build on the exceptional staff and impressive network of TAC Air, generating greater value and care for private aviation travelers in the most desirable locations.”
Greg Arnold, chairman and CEO of TAC Air and TAC Private Hangars said, “From the time we entered the
aviation FBO business in 1986 in Texarkana, we focused on providing the best aviation ground services in the industry. We are proud of what we have accomplished together these past 36 years. This commitment continues as the TAC associates become a part of the highly successful organization that is Signature Aviation.”
Signature will begin to transition TAC Air locations into the Signature network with immediate effect, with full integration and program support anticipated by the end of 2022. Three original TAC Air FBO locations were not included in the acquisition and were divested to an alternate party.