Capitol Meridian Partners and Stellex Capital Management completed the acquisition of Beaufort from Survitec.

Capitol Meridian Partners and Stellex Capital Management, investment firms, completed the acquisition of Beaufort, an aerospace and defense division, from Survitec, a provider of survival technology. Financial terms were not disclosed. “As we begin this next chapter with Capitol Meridian and Stellex, Beaufort gains partners with deep experience in aerospace and defense, global reach, and a long-term investment approach. Their support will allow us to build on our strong reputation, expand our capabilities and continue innovating in support of the hardworking warfighters who rely on our products every day, while strengthening Beaufort’s role as a trusted long-term partner to allied defense forces and OEMs worldwide,” Dom Cartwright, Beaufort Chief Executive Officer.