M&A Transactions
Actron Engineering, a portfolio company of Kirtland Capital Partners, has acquired Crabil Manufacturing Inc., a provider AS9100-certified computer numerical control ("CNC") precision machining solutions for aerospace and defense markets. Terms of the transaction were not disclosed.
Novaria Group, a portfolio company of KKR & Co. L.P. (NYSE: KKR), has acquired Precision Aero Corp., a subsidiary of Precision Products Machining Group, LLC and provider of high-performance fusible plugs and various wheel and brake systems components for private sector and U.S. federal government markets. Terms of the transaction were not disclosed.
Precision Aviation Group, Inc., a portfolio company of GenNx360 Capital Partners, L.P., has acquired Turner Aviation, a portfolio company of Turner & Co. Ltd. and provider of maintenance, repair, and overhaul ("MRO") services for of avionics, components, and fuel systems within private sector, U.S. federal government, and international government aerospace and defense markets. Terms of the transaction were not disclosed.
PrecisionX Group, a portfolio company of CORE Industrial Partners, LLC, has acquired Hudson Technologies, a subsidiary of JSJ Corp. and provider of deep drawn metal enclosures, cases, and stampings, including metal diaphragms, for private sector and U.S. federal government aerospace and defense markets. Terms of the transaction were not disclosed.
VINCI Energies S.A., a subsidiary of VINCI S.A. (ENXTPA: DG), has agreed to acquire Wärtsilä SAM Electronics GmbH, a subsidiary of Wärtsilä Corp. (HLSE: WRT1V) and provider of maritime equipment components for private sector and international government markets. Terms of the transaction were not disclosed.
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