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Announced

Completed

Greenbriar Equity-backed Whitcraft completed the acquisition of TECT Power.

Financials

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

Sources

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Tags

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Private

Friendly

Domestic

United States

Single Bidder

Completed

aerospace components

Majority

Private Equity

Acquisition

Aerospace

Synopsis

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Greenbriar Equity-backed Whitcraft, a manufacturer and supplier of precision-formed machined and fabricated aviation engine parts and components, completed the acquisition of TECT Power, a manufacturer of aerospace components. Financial terms were not disclosed. With the acquisition there are no changes planned with staffing. TECT will be re-branded under the Whitcraft name as part of a branding process expected to take place over approximately six months.

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