M&A Transactions
Advanced Integration Technology, Inc. has acquired Futuramic Tool & Engineering Co., a provider of tooling, fixtures, gauges, machined parts, and facilities equipment for commercial aerospace, defense, and other commercial markets. Terms of the transaction were not disclosed.
Air Transport Components, a portfolio company of AE Industrial Partners, has acquired Aero Controls, Inc., a provider of specialized, precision-engineered component maintenance, repair, and overhaul services within commercial aerospace and defense markets. Terms of the transaction were not disclosed.
Arcline Investment Management has agreed to acquire Continental Aerospace Technologies, Inc., a subsidiary of Aviation Industry Corporation of China and a provider of piston aircraft engines and related aftermarket products and services within commercial aerospace markets. The transaction is valued at $535.0M.
Bain Capital Private Equity has agreed to acquire a majority stake in FDH Aero, a provider of supply chain solutions within commercial aerospace and defense markets. Terms of the transaction were not disclosed.
Exxelia, a subsidiary of HEICO Corporation (NYSE: HEI), has acquired a 90% stake in CalRamic Technologies, a provider of high-voltage ceramic capacitors for high-reliability applications within commercial aerospace and defense markets. Terms of the transaction were not disclosed.
Pursuit Aerospace, a portfolio company of Greenbriar Equity Group, has acquired Leesta Industries, Inc., a provider of machining services for flight-safety-critical aeroengine components within aerospace and defense markets. Terms of the transaction were not disclosed.
Tyto Athene has agreed to acquire Ready Support Services, a provider of information technology (IT), security services, application migrations, staffing, system engineering, enterprise and IT lifecycle management, and managed IT services for U.S. intelligence markets. Terms of the transaction were not disclosed.
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