Crestview Aerospace, a portfolio company of American Industrial Partners, has acquired machine component Kemco Aerospace Manufacturing, a machine component manufacturer that supports aerospace and defense companies.
KAL Capital Markets said Tuesday it served as the investment banking adviser to Kemco, which manufactures aluminum, titanium and other kinds of metal for aerospace components and assemblies.
Kemco operates from a 90,000-square-foot facility in St. Louis, Missouri, and has a partner network of aerospace and defense original equipment manufacturers that includes Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary.
Trevor Bohn, a partner at KAL Capital, said Kemco was a well-invested business with contributions to Department of Defense programs.
Meanwhile, Crestview Aerospace is an assembly supplier that offers integrated fabrication, processing, tooling and assembly capabilities in support of OEMs including Northrop Grumman (NYSE: NOC) and Boeing. It has a five-decade experience in supporting the E-2D Advanced Hawkeye, CH-47 Chinook and other key defense programs.
