Arlington Capital-backed Cadence Aerospace to acquire B&E Group's OEM Manufacturing Division.

Arlington Capital-backed Cadence Aerospace, which manufactures aircraft parts and equipment, agreed to acquire B&E Group's OEM Manufacturing Division, a provider of complex and difficult-to-machine engine components for aerospace and defense customers. Financial terms were not disclosed. "The acquisition of B&E builds on our investment thesis for Cadence by further expanding the Company's exposure to extremely complex and difficult to manufacture aerospace and defense components. The combination of B&E and Cadence's Tell Tool and ADM divisions creates one of the leading and most technologically sophisticated engine components manufacturers in the industry. Combined with Cadence's strong position in complex structural components, this acquisition further positions Cadence as a critical leader in the aerospace and defense supply chain." Peter Manos, Arlington Capital Managing Partner.