Arlington Capital Partners has acquired MB Aerospace Holdings Limited in partnership with the company’s management team.
“We are excited about the opportunity to partner with Craig Gallagher and the rest of MB Aerospace’s world-class management team,” said Peter Manos, a Managing Partner at Arlington. “This acquisition creates a global platform with a unique focus on providing manufacturing, engineering and supply chain management services for mature and legacy aero-engine platforms, and we believe the company’s strong growth prospects will be further enhanced with significant acquisitions.”
MB Aerospace is a provider of highly engineered components for the commercial and military aero-engine and industrial gas turbine markets. The company manufactures complex rings, casings and other engine components used in aero engine and industrial gas turbine platforms. Customers include Pratt & Whitney, Rolls-Royce, General Electric, Boeing, United Technologies, GKN, Mitsubishi Heavy Industries and Volvo Aerospace. MB Aerospace is headquartered in Motherwell, UK (www.mbaerospace.com).
“Our partnership with Arlington represents a superb fit with our vision of creating a truly world-class aerospace business focused on aero-engine components. Arlington’s global track record in the aerospace and defense sectors will be invaluable as we seek to expand further both organically and through acquisitions. We look forward to leveraging Arlington’s extensive experience and relationships,” said Craig Gallagher, CEO of MB Aerospace.
Arlington Capital Partners has $1.5 billion of committed capital and focuses on buyouts and recapitalizations of companies valued from $50 million to $500 million. Sectors of interest include aerospace & defense, government services and software, healthcare services, business services, education and training. The firm is based in Washington, DC (www.arlingtoncap.com).
“Going forward, MB Aerospace is well positioned to lead a consolidation effort in the highly fragmented mature and legacy aero-engine market. The company’s best-in-class engineering expertise, strong history of past performance and unique market focus enable MB Aerospace to partner with OEM’s to address overall under-performance issues in their supply chains,” said Jesse Liu, a Principal at Arlington.
© 2013 PEPD • Private Equity’s Leading News Magazine • 4-8-13
