Duff & Phelps M&A advisory team in aerospace, defense and government services advised AIM MRO on its acquisition by AE Industrial Partners
In December 2019, AE Industrial Partners, LP, a private equity firm specializing in the aerospace, defense and government services, power generation and specialty industrials markets, announced the acquisition of AIM MRO (“AIM MRO” or the “Company”), a leading manufacturer and supply chain manager of high-tech consumable repair products and materials used primarily in the aerospace engine aftermarket.
Duff & Phelps acted as sales advisor to AIM MRO on the transaction.
“We are thrilled to partner with AE Industrial given their deep industry knowledge and relationships as well as their strong track record of helping companies like AIM MRO accelerate their growth and position in the market. market,” said Scott Wandtke, CEO of AIM MRO. “Duff & Phelps has been instrumental in helping us find a great partner for our business and we believe AE Industrial is a perfect fit for the next phase of AIM MRO.”
About AIM MRO
AIM MRO is a leading manufacturer and supply chain manager of highly engineered consumable repair products and materials used primarily in the aerospace engine aftermarket. The company has differentiated itself by offering a “one-stop-shop” serving maintenance, repair and overhaul (“MRO”) facilities for aerospace engines and gas turbines worldwide in their demand for parts and consumable materials. of high technology used in the repair of flight critical equipment. engine components.
Serving the aerospace engine aftermarket for over 25 years, the company has built a reputation as a trusted, premier supplier through its unique proprietary products and processes, breadth of material management services and its very responsive customer service. AIM MRO’s proprietary diffusion soldering products dramatically reduce repair costs and turnaround times, and its team of highly skilled engineers has developed a diverse and growing set of custom solutions for its customers. AIM MRO has long-standing relationships with major aerospace OEMs and MRO suppliers around the world. Headquartered in Cincinnati, Ohio, AIM MRO operates facilities in the United States and Singapore, as well as on-site services to customers around the world. Robbins, Kelly, Patterson & Tucker acted as legal advisors to AIM MRO.
About AE Industry Partners
AE Industrial Partners is a private equity firm specializing in the aerospace, defense and government services, power generation and specialty industrials markets. AE Industrial Partners invests in market-leading companies that can benefit from our deep industry knowledge, operational experience and relationships in their target markets. Kirkland & Ellis served as legal counsel to AE Industrial Partners.