Announced
Completed
Financials
Tags
Completed
United States
Acquisition
Aerospace
Private
Domestic
Private Equity
Friendly
Single Bidder
Majority
aviation parts
Synopsis
Arcline Investment Management, a private equity firm, completed its acquisition of a majority stake in Air Comm, a manufacturer of aviation parts. Financial terms were not disclosed. "We at Air Comm are excited to partner with Arcline in the next chapter of ACC's growth. We see tremendous opportunity to expand our core capabilities in MRO, deliver faster turnaround times and create innovative ECS solutions for our customers. We believe Arcline's aerospace and defense domain knowledge and experience will enable ACC to accelerate these initiatives," Dave Harrison, Air Comm Chairman.
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