Stellex Capital to acquire RTC Aerospace.

Stellex Capital, a private equity firm, agreed to acquire RTC Aerospace, a provider of complex machined components and assemblies for mission-critical aerospace and defense applications. Financial terms are not disclosed. “Stellex has a strong track record in the aerospace and defense manufacturing industry and a deep understanding of what it takes to be a collaborative, quality partner to leading commercial and military aircraft OEMs and Tier 1 suppliers. RTC is a critical partner to its customers, meeting the stringent quality and delivery requirements of premier military and commercial programs. We are excited to provide our capital and resources to support RTC’s contemplated organic and strategic M&A-focused expansion plan. Our goal is to materially expand RTC’s market presence and continue being a trusted, industry-leading partner on blue-chip military and commercial platforms,” David Waxman, Stellex Managing Director.