Transactions

September 25 2018

KippsDeSanto & Co. Advises Capewell Aerial Systems on its Sale to Argosy Private Equity

KippsDeSanto & Co. is pleased to announce the sale of its client, Capewell Aerial Systems (“Capewell” or the “Company”) to Argosy Private Equity (“Argosy”).

Capewell is a leading designer, manufacturer, and distributor of aerial delivery, life support, and advanced tactical products for aerospace, defense, public safety, and law enforcement customers.

Capewell supports customers both domestically and internationally through a broad range of capabilities, to include design engineering, machining, life cycle support services, precision assembly, RF welding, and technical sewing.  Capewell’s differentiated solutions have led to enduring positions on key programs and platforms, including the Army Air Warrior program, the C-130 aircraft, and various Boeing commercial aircraft.  In-house engineering and internal R&D efforts drive new product development, resulting in a variety of proprietary solutions among Capewell’s numerous product lines.  Customers depend on these proprietary products – to include parachute releases, emergency descent devices, and helicopter hooks, among others – to ensure the safe and successful execution of a wide variety of missions.

We believe this transaction demonstrates several key trends in the aerospace and defense M&A environment:

• The global aerospace / defense market remains robust, as equity private equity firms continue to seek opportunities to acquire firms with exposure to industry tailwinds and strong market fundamentals

• Companies with differentiated and proprietary solutions, coupled with entrenched positions on key, well-funded platforms and programs continue to drive interest among acquirers throughout the aerospace / defense M&A market

• Private equity firms continue to leverage strong credit markets and remain active in the aerospace / defense market to compete alongside strategic buyers

LEAD INVESTMENT BANKERS

banker-photo

Michael J. Misantone

Contact Michael
banker-photo

Brian T. Tunney

Contact Brian

KippsDeSanto & Co. is pleased to announce the sale of its client, Capewell Aerial Systems (“Capewell” or the “Company”) to Argosy Private Equity (“Argosy”).

Capewell is a leading designer, manufacturer, and distributor of aerial delivery, life support, and advanced tactical products for aerospace, defense, public safety, and law enforcement customers.

Capewell supports customers both domestically and internationally through a broad range of capabilities, to include design engineering, machining, life cycle support services, precision assembly, RF welding, and technical sewing.  Capewell’s differentiated solutions have led to enduring positions on key programs and platforms, including the Army Air Warrior program, the C-130 aircraft, and various Boeing commercial aircraft.  In-house engineering and internal R&D efforts drive new product development, resulting in a variety of proprietary solutions among Capewell’s numerous product lines.  Customers depend on these proprietary products – to include parachute releases, emergency descent devices, and helicopter hooks, among others – to ensure the safe and successful execution of a wide variety of missions.

We believe this transaction demonstrates several key trends in the aerospace and defense M&A environment:

• The global aerospace / defense market remains robust, as equity private equity firms continue to seek opportunities to acquire firms with exposure to industry tailwinds and strong market fundamentals

• Companies with differentiated and proprietary solutions, coupled with entrenched positions on key, well-funded platforms and programs continue to drive interest among acquirers throughout the aerospace / defense M&A market

• Private equity firms continue to leverage strong credit markets and remain active in the aerospace / defense market to compete alongside strategic buyers

LEAD INVESTMENT BANKERS

banker-photo

Michael J. Misantone

Contact Michael
banker-photo

Brian T. Tunney

Contact Brian