Engine MRO provider Essential Turbines (ETI) has received strategic investment from long-term oriented investment firm Swift Anchor Holdings.

President and founder Michael E Guntner Jr says: "I am excited to partner with Swift Anchor for the next stage of ETI's growth. I was drawn to its mission-driven perspective, long-term outlook and owner-operator mentality. I am confident that Swift Anchor will enable our team, customers and partners to benefit from further resources, capital and operating expertise."

Founded 30 years ago and headquartered in Montreal, ETI is an aerospace MRO and Rolls Royce FIRST Network authorised maintenance repair and overhaul centre (AMROC) with facilities in Vancouver, Canada and Phoenix, Arizona. Specialising in the Rolls-Royce M250 and RR300 engines, it ensures optimal performance and reliability for operators in the most demanding environments.

As part of Swift Anchor's active ownership approach, Gannon Gambeski, a Swift Anchor partner with extensive operating experience, will assume the role of president of ETI. Gannon succeeds Guntner Jr, who will remain involved in ETI as a shareholder and board member.

Elias Lebovits, managing partner and founder of Swift Anchor, says: "ETI is a market-leading MRO with a stellar reputation. We look forward to enhancing ETI's dedication to delivering customers with unparalleled quality and service, while providing its employees with a rewarding work environment as we continue to grow the company."