Announced
Completed
Financials
Sources
Tags
Private
Friendly
Domestic
United States
Single Bidder
Completed
aerospace components
Majority
Private Equity
Acquisition
Aerospace
Synopsis
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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