Recent Aerospace & Defense Acquisitions in Kentucky
Acquisition Volume in Aerospace & Defense in Kentucky by Year
Last 5 years
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March 3, 2020
- Buyer
- Whitcraft, Greenbriar Equity Group
- Target
- TECT Power
- Industry
- Aerospace & Defense
- Location
- Kentucky, United States
- Type
- Addon
Whitcraft announced the acquisition of the stock of TECT Power, a manufacturer of complex rotating and structural airfoil components for turbine engines used across commercial aerospace, business jet, defense and industrial markets. The deal expands Whitcraft's manufacturing capabilities and integrates TECT Power's operations (in multiple U.S. states) into Whitcraft's platform; the purchase price and seller were not disclosed.
-
- Buyer
- O2 Investment Partners, LLC
- Target
- First Class Air Support, Inc., Cargo Repair, LLC
- Seller
- Existing shareholders of First Class Air Support and Cargo Repair (including Isac Roths)
- Industry
- Aerospace & Defense
- Location
- Kentucky, United States
- Type
- Buyout
O2 Investment Partners, a Midwestern private equity firm, acquired First Class Air Support, Inc. (FCAS) and Cargo Repair, LLC, both aerospace aftermarket companies headquartered in Louisville, Kentucky. Founder Isac Roths remains a significant shareholder and will continue as President and CEO; the transaction closed on January 28, 2020.
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