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Announced

Bromford Industries to acquire Numet Machining Techniques.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Aerospace

aerospace engine machined components

Acquisition

Pending

Private

Friendly

aerospace

Private Equity

United States

Majority

Single Bidder

Synopsis

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Liberty Hall Capital-backed Bromford Industries, a supplier of complex, close tolerance engine components, fabrications and assemblies for the global aerospace, defense and power generation industries, agreed to acquire Numet Machining, a provider of aerospace engine machined components from Ironwood Capital, a private equity firm. Financial terms were not disclosed. "The acquisition of Numet marks a critical step in our overall plan of designing a ‘new’ Bromford as we transform the company into a leading, global supplier of aerospace engine machined and fabricated components and assemblies," Rowan Taylor, Liberty Hall's founding and Managing Partner.

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