Announced
Financials
Tags
United States
Private Equity
Pending
aerospace
Domestic
Friendly
Private
Majority
Single Bidder
Aerospace
Acquisition
Synopsis
Arcline Investment Management, a private equity firm, agreed to acquire Hartzell Aviation, an aerospace company, from Tailwind Technologies, a transportation company. Financial terms were not disclosed. "Our family has been blessed to be the stewards of Hartzell Aviation for 37 years. As we look to the future, we believe Arcline fully embraces our core value – Built on Honor – and will bring the skills and resources to build on over a century of excellence and innovation," Jim Brown, Hartzell Aviation President.
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