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Synopsis
Private equity firm Greenbriar Equity Group completed the acquisition of PCX Aerosystems, a supplier of highly engineered, precision, flight critical assemblies for rotorcraft and fixed wing aerospace platforms. Financial terms were not disclosed. "Greenbriar is a deeply experienced and knowledgeable investor in our sector and we will benefit greatly from their access to capital and insights and other resources. Greenbriar and management have a shared vision of accelerating PCX's growth and expanding its capabilities to support our customers and we could not ask for a better partner to realize that vision," Jeff Frisby, PCX CEO.
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