Blue Point Capital Partners has completed the sale of Selmet to Consolidated Precision Products (CPP), a portfolio company of Warburg Pincus. Selmet is a manufacturer of complex, small to medium-sized titanium investment castings serving the aerospace and defense industries. Utilizing a centrifugal casting process, Selmet produces more than five hundred titanium parts including engine components,…...
Aerospace and Defense
Clairvest Exits MAG Aerospace
Clairvest Group has sold its equity interest in MAG Aerospace to New Mountain Capital. Clairvest partnered with MAG Aerospace through a minority investment in September 2013. MAG Aerospace is an outsourced specialty aviation and intelligence, surveillance and reconnaissance (ISR) provider to federal, global, civilian, and commercial customers around the world. The company’s services include manned…...
Hammond, Kennedy, Whitney & Company Exits Arnold Engineering
Hammond, Kennedy, Whitney & Company (HKW) has sold its portfolio company Arnold Engineering to Noranco, a manufacturer and services provider to commercial and military aerospace companies . Arnold Engineering is a contract manufacturer of complex machined parts and assembly structures used by companies in the military and commercial aerospace industries. Arnold Engineering was acquired by…...
Greenbriar Acquires Parkway Aerospace & Defense
Parkway Products has completed the sale of its Parkway Aerospace & Defense business to EDAC Technologies, a portfolio company of Greenbriar Equity Group which was acquired in March 2013. “The combination of Parkway Aerospace & Defense and EDAC brings together two rapidly growing and engineering-led aerospace companies focused on serving a common set of customers…...
Acorn Growth and Edgewater Acquire Tods Aerospace
Acorn Growth Companies and The Edgewater Funds have partnered to acquire Tods Aerospace & Defence, a UK-based manufacturer of advanced materials. Tods will be consolidated with AGC Composites & Aerostructures, an existing portfolio company of Acorn Growth Companies. Tods Aerospace & Defence specializes in the engineering, design and manufacture of advanced materials used in aerospace…...
