World Fuel Services has agreed to purchase Epic Fuels’ general aviation operations from Signature Aviation. In addition to Epic’s general aviation fueling network, the transaction will also include its Epic Card business. Terms of the deal were not disclosed.
The acquisition is subject to regulatory approval but is expected to conclude by the end of the year. In addition to all Epic Card holders, the transaction will give World Fuel Services 300 new fuel customers, including 100 FBOs, bringing its network to approximately 700 FBOs.
In 2018, Signature Aviation (known then as BBA Aviation) purchased privately-held Epic—which had a network of more than 200 FBOs at the time—bringing a fueling division under its corporate banner for the first time. Under the terms of the agreement with World Fuel Services, Epic will retain its commercial fueling operation, along with its QT Pod self-serve fuel system division.