Arlington Capital Partners (“Arlington Capital”) announced today that
they have entered into a definitive agreement to sell MB Aerospace to
Blackstone (NYSE:BX).
MB Aerospace (“MBAe”) is a leading Tier 1 manufacturer of precision
aero-engine and aero-derivative components directly serving all three
major aero-engine OEMs. MB Aerospace’s capabilities allow it to
manufacture and engineer large, tight-tolerance parts and complex
assemblies from various materials, including exotic alloys. MB
Aerospace’s manufacturing centers in the U.S., U.K. and Poland provide
access to the company’s global customer base as it serves their growing
requirements for both current and new aerospace platforms.
Since first investing in MB Aerospace in 2013, Arlington Capital has
worked alongside Craig Gallagher, CEO of MB Aerospace, and his
management team to build one of the largest global independent
aero-engine component manufacturers. During this period, MB Aerospace
has acquired two businesses and invested significantly in organic growth
to build a robust aerospace company with exposure to over 65 platforms
and over 1,000 highly talented employees worldwide.
Peter Manos, a Managing Partner at Arlington Capital Partners, said, “MB
Aerospace has been a blue print Arlington Capital investment. We
partnered with an outstanding management team to be an early
consolidator in a large and rapidly growing market with a differentiated
product offering. Together, we have built one of the largest independent
pure-play aero-engine component manufacturers and we look forward to
following MB Aerospace’s next chapter of growth.”
“Our partnership with Arlington Capital has been a tremendous success
for both MB Aerospace and Arlington Capital,” said Craig Gallagher, CEO
of MB Aerospace. “Arlington Capital has provided substantial capital to
help us grow, while allowing us to leverage their network of industry
experts, deep sector knowledge and other resources to accelerate MB
Aerospace on its path to record sales. We look forward to our next phase
of growth with Blackstone and the many opportunities in front of us.”
MB Aerospace will be the fourth highly successful sale transaction for
Arlington Capital in the last twelve months and represents another
mutual success for Arlington Capital and its management teams. This
continues an active year for Arlington Capital which also made three new
platform investments in the same period. Arlington Capital continues to
seek partnerships with management teams to invest in growth companies in
its core verticals of aerospace and defense, healthcare, government
services and technology, and business services and software.
About MB Aerospace
MBAe is a leading Tier 1 supplier of precision aero-engine components
directly serving major aero-engine OEMs and leading tier 1 suppliers.
MBAe's focus on complex high value-add fabricated assemblies and
large-diameter, high-value machined components leverages a depth of
technical and engineering understanding across the full range of
materials, manufacturing processes and customer approvals to be a truly
trusted and scaled partner to the main aero-engine OEMs. MBAe has
developed a highly attractive global operating footprint across four
main manufacturing hubs in the U.S., Poland and the U.K. with proximity
to all key OEM and Tier 1 customers.
About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C.-based private equity
firm that has managed $1.5 billion of committed capital via three
investment funds, focused on middle market investment opportunities in
growth industries including: aerospace/defense, healthcare, government
services and technology, and business services & software. The firm’s
professionals and network have a combination of operating and private
equity experience that enables Arlington to be a value-added investor.
Arlington invests in companies in partnership with high quality
management teams that are motivated to establish and/or advance their
company’s position as leading competitors in their field. www.arlingtoncap.com
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