AC&A Acquired by AE Industrial Partners
Private equity firm AE Industrial Partners, LLC (“AEI”) acquired Aerospace Parts Manufacturer AC&A. The PE firm investment is headquartered in Boca Raton, Florida and their portfolio consists of investments in aerospace, power generation and specialty automotive companies. The newly acquired AC&A specialize in manufacturing composite and metallic parts and tooling. Terms of the transaction were not disclosed.
AC&A is headquartered in Lake Forest, California, and founded in 2004; they focus on manufacturing metallic tools and carbon composite for niche markets such as unmanned aircraft. Justin Uchida, CEO of AC&A, stated “AE Industrial’s expertise and long involvement in aerospace and related technologies, along with its financial support, will help his company grow with both new and existing customers”.
Recently, AEI has had quite an active role with acquiring multiple companies. In the past year AEI has acquired Belcan LLC, specialize in technical staffing and engineering project management services; and Kellstrom Materials, supplier of parts and supply chain management for passenger airlines.
David Rowe, managing partner of AE Industrial, stated “each of AC&A’s market segments have strong potential for growth, and the company has established itself as a one-stop-shop for design, development and fabrication”.
The $680 million used to acquire AC&A came from AEI’s AE Industrials Partners Fund. As of April, AEI has raised the fund with an extra $160 million for co-investments, to invest in aerospace and related industries. That fund also invested in Belcan and Kellstrom Materials.
This move set out by AEI seems to indicate a growing trend among PE firms, whereby they increase their investments in the aerospace industry. With some analysts view the aerospace industry to become one of the major movers in middle-market deal activity. A recent example to support this view occurred in April, MTS Systems Corporation agreed to purchase PCB Group Incorporated. PCB Incorporated is manufacturer of sensors used in the aerospace and energy industries and the acquisition cost was the tune of $580 million.
ASAP AM Spares is uniquely niched to provide purchasing support by effectively and efficiently managing the entire supply chain for original equipment manufacturers, contract manufacturers, repair stations, and United States Department of Defense. We always strive to supply our clients with essentials such as Bearing, Connector, Fasteners and NSN parts.
At ASAP we are committed to customer satisfaction through continual improvement of product and service. We conducted surveys with over 1100 individuals working with Fortune 500 manufacturers to small businesses and decided that purchasing professionals wanted one website to source national stock number parts, connectors, and fasteners. The only website that is able to put those purchase professionals as ease is ours; so visit our website for more information.
We want our customers to enjoy the efficiency created by the concept of one-click purchasing, top quality products, and an entire process overlooked by representatives to ensure customer satisfaction is met entirely.
We offer over 5100 manufactures all over the word, complete purchasing solutions and guaranteed on-time delivery. Shipment of product especially for time sensitive applications with the most stringent quality and export protocols. This is the type of service other competitors lack. To reach a helpful representative and begin the purchasing process email firstname.lastname@example.org or call 1-702-919-1616.