Cadence Aerospace, a portfolio company of Arlington Capital Partners, has acquired Southwick, Mass.-based defense and aerospace engine components manufacturer B&E from MPE Partners for an undisclosed sum.
Peter Manos, a managing partner at Arlington Capital, said in a statement published Wednesday the transaction will help expand Cadence’s presence in the defense and aerospace supply chain and form a leading engine components producer through the combination of B&E with the company’s Tell Tool and ADM divisions.
Bob Quaglia, president and chief operating officer of B&E, and the current management team will continue to oversee B&E.
Anaheim, Calif.-based Cadence provides engine components and assemblies to aerospace and defense clients and has seven centers of excellence across the U.S.
MPE said Houlihan Lokey and Jones Day respectively served as financial and legal advisers to B&E in the transaction.