LONG BEACH, Calif., Nov. 22, 2019 /PRNewswire-PRWeb/ — KAL Capital Markets LLC (“KAL Capital”), an aerospace and defense investment bank, is pleased to announce the sale of its client Aero Pacific Corporation (“Aero Pacific”) to ARCH Global Precision, a portfolio company of The Jordan Company.
Headquartered in Garden Grove, California, Aero Pacific is a leading provider of machining services for aerospace and defense end-markets. Aero Pacific focuses on machining complex, structural components with a unique specialty in hard-metals. The acquisition marks the continuation of ARCH Global Precision’s growth in aerospace and defense.
KAL Capital partner and co-founder, Ryan Murphy, said “It’s been an honor to work with Mark Heasley and the Aero Pacific team given Mark’s standing in the Southern California aerospace machining world.”
Trevor Bohn, partner and co-founder of KAL Capital, also added “Mark has grown Aero Pacific into a market leader in hard-metals structural machining. The transaction represents another successful exit for Mark as well as our aerospace and defense-focused practice.”
About Aero Pacific Corporation:
Aero Pacific Corporation is a leading provider of large complex structural components with a focus on hard-metals machining. The company serves key fixed-wing defense platforms with components and assemblies manufacturing capabilities of up to 90 feet. Aero Pacific has two facilities located in Placentia and Garden Grove, CA including over 65 spindles with a combined facility size of 110,000 square feet. For additional information, please visit https://www.aeropacificcorp.com/.
About KAL Capital Markets:
KAL Capital Markets is an aerospace investment banking company advising middle market clients on mergers, acquisitions, and accessing the capital markets. The firm’s professionals have an exceptional track record, rooted in deep relationships and experience within aerospace & defense manufacturing and aftermarket services sectors. For additional information, please visit https://kalcapital.wpengine.com/.
Contacts
KAL Capital Markets
Ryan Murphy
Partner
contact@kalcap.com