Announced
Completed
Synopsis
J.F. Lehman-backed Trident, a maritime systems and solutions provider, completed the acquisition Custom Alloy, a vertically integrated provider of highly specialized alloyed forgings, fittings, and pipe to defense and industrial end users. Financial terms were not disclosed. "The acquisition of CAC expands our presence on key U.S. Navy nuclear vessel programs, a critical element of our growth strategy. Trident's growing scale and breadth of offerings allow us to more holistically partner with our shipbuilding customers to efficiently deliver the solutions required by them and the U.S. Navy," Alex Harman, Trident Chairman and J.F. Lehman Partner.
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