M&A Transactions
Aero Accessories & Repair, Inc., a portfolio company of ATL Partners, has acquired New Generation Aerospace, Inc., a provider of component rewind and repairs within commercial aerospace markets. Terms of the transaction were not disclosed.
Aero Accessories & Repair, Inc., a portfolio company of ATL Partners, has acquired Tri-County Aerospace, Inc., a provider of rewind and repair services for generator rotors and stators within commercial aerospace markets. Terms of the transaction were not disclosed.
Blackstone, Inc. and Tinicum Capital Partners have agreed to acquire Senior PLC (LSE: SNR), a provider of fabricated and machined metal components and assemblies within commercial aerospace, defense, and other commercial markets. The transaction is valued at $1.9 billion.
HEICO Corp. (NYSE: HEI) has acquired an 80% equity stake in Sherwood Aviation, a provider of maintenance, repair, and overhaul ("MRO") services for complex mechanical and electro-mechanical components within commercial aerospace and defense markets. Terms of the transaction were not disclosed.
KNDS N.V. has acquired Texelis Defense, a subsidiary of Texelis and provider of wheeled and tracked vehicles within defense markets. Terms of the transaction were not disclosed.
Midwest Aero Support, Inc., a portfolio company of Diatom Capital, has acquired Aircraft Instruments Co., a provider of aircraft instrumentation and avionics components within commercial aerospace and defense markets. Terms of the transaction were not disclosed.
Precinmac, LP, a portfolio company of Centerbridge Partners, L.P., has acquired Precision Aerospace Holdings, LLC, a portfolio company of CIC Partners and Juniper Capital Management, and provider of electronic discharge machining ("EDM") and precision machining within commercial aerospace, defense, and space markets. Terms of the transaction were not disclosed.
Solestra Group, a portfolio company of Emko Capital, has acquired Aerofab Corporation, a provider of complex aerostructures, flight safety fracture-critical components, and determinant assemblies within commercial aerospace and defense markets. Terms of the transaction were not disclosed.
Windward, a portfolio company of FTV Capital, has acquired Prominent Edge, a provider of geospatial, maritime, and mission software solutions for private sector and U.S. federal government markets. Terms of the transaction were not disclosed.
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