AE Industrial Partners Buys Specialty Chemicals Producer American Pacific; Kirk Konert Quoted

Jeff Brody
Kirk Konert

Affiliates of private equity firm AE Industrial Partners has purchased American Pacific from Huntsman Family Investments for an undisclosed sum.

Cedar, Utah-based American Pacific was established in 1955 and manufactures specialty chemicals for use in space launch, missile defense, fire suppression and pharmaceutical applications, AEI said Thursday.

Kirk Konert, a partner at AEI, said the company will continue to invest in American Pacific in support of its national security and space missions.

Kirkland & Ellis and PwC respectively served as legal and financial advisers to AEI, while Bryan Cave Leighton Paisner LLP and Houlihan Lokey advised American Pacific on the deal’s legal and financial aspects.

You may also be interested in...

Lockheed Martin C-130J Super Hercules

Lockheed Secures $1.4B Air Force FMS Deal for Super Hercules Airlifter Sustainment Work

The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $1.40B contract to maintain C-130J Super Hercules transport aircraft to fulfill foreign military sales requirements.

Pratt and Whitney F135 Engine

Pratt & Whitney Awarded $642M Navy Contract for F-35 Engine Logistics Support

Raytheon Technologies' (NYSE: RTX) Pratt & Whitney subsidiary has received a one-year, $642M contract from Naval Air Systems Command to perform F-35 propulsion system logistics work for U.S. and foreign military sales customers.