Mammoth expands offering via ARS/Brim Helicopter acquisition
Mammoth Energy Services, Inc. has announced a series of transactions that provide for an expansion of its aviation services business, including the acquisition of 100 per cent of Air Rescue Services
Mammoth Energy Services, Inc. has announced a series of transactions that provide for an expansion of its aviation services business, including the acquisition of 100 per cent of Air Rescue Services (ARS) as well as the formation of a joint venture between Mammoth and Wexford Capital, which purchased Brim Equipment Leasing. The total consideration paid by Mammoth was $7.9 million. Arty Straehla Mammoth’s CEO stated: “The acquisitions of ARS and Brim are yet another example of the further integration of our operation while providing another strategic platform for growth. We’ve been working with the team at ARS/Brim for the past year in Puerto Rico and have been impressed with their expertise and service offerings.
ARS offers a wide range of services in the Pacific Northwest including aerial surveillance, offshore hoisting operations, training services, search and rescue operations and transportation services. ARS currently utilizes one MD 902 aircraft.
Brim holds all three FAA certifications (FAA 133 (external load ops class A/B/C/D), FAA 135 (air carrier certificate) and FAA 137 (agricultural product dispersal)) and will initially serve as the operator of six primarily light lift aircraft, including the MD600 aircraft previously owned by Mammoth, providing services and applications including short haul/hoist operations, power line construction, search and rescue among other services. The initial ARS / Brim aviation fleet includes four MD-600 aircraft, one MD-902 aircraft and one Agusta AW109SP aircraft.