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FlightSafety International Inc. (FSI) has signed a definitive agreement with Acron Technologies, a portfolio company of TJC LP, to acquire its Commercial Training Solutions (CTS) business. The deal includes CTS's Training Systems, Training Services, Aviation Academy, and Driver Training portfolio.
The agreement expands FSI's capabilities in the commercial aviation market, adding to its simulator manufacturing and global training operations.
CTS has over eight decades of experience in commercial aviation training and simulation. It has delivered more than 850 training devices throughout its history, with over 300 full-flight simulators currently in operation worldwide. CTS operates training and manufacturing locations in the U.S., U.K., and Thailand, supporting pilot and driver training systems and airline academy programs.
"Through this transaction we will be able to invest further in training technologies, expand our global reach, and provide even greater value to our customers while maintaining the high levels of service they expect," said David Coward, President, CTS.
The global commercial airline fleet is projected to grow from approximately 28,000 aircraft in 2025 to more than 50,000 by 2045, increasing demand for training capacity.
The transaction is expected to close in Q4 2026, subject to customary closing conditions.