Private equity firm Stellex Capital Management has acquired Los Angeles-based complex machine components manufacturer RTC Aerospace.

RTC Aerospace manufactures complex machine components for military aircraft, commercial and other aerospace and defence applications. The company operates from different locations including Chatsworth, California, and Fife.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The financial terms of the transaction between the two companies were not disclosed.

According to the deal, investor and RTC Aerospace executive Brad Hart will remain as the board member of the company.

Other terms of acquisition involve Stellex collaborating with aerospace and defence executive Dave Herr to offer an acquisition-related growth strategy.

Stellex managing director David Waxman said: “RTC is a critical partner to its customers, meeting the stringent quality and delivery requirements of premier military and commercial programs.

“We are excited to provide our capital and resources to support RTC’s contemplated organic and strategic M&A-focused expansion plan.

“Our goal is to materially expand RTC’s market presence and continue being a trusted, industry-leading partner on blue-chip military and commercial platforms.”

According to Stellex, US-based international law firm Greenberg Traurig has provided legal support to the company during the process of this transaction.

Besides, the commercial due diligence of Stellex for the acquisition was handled by Arena Strategic Advisors.

With offices in New York, Pittsburgh, London, and Detroit, Stellex majorly focuses on the aerospace and defence domain, speciality manufacturing sector, government services, and various other sectors.

RTC Aerospace CEO Michael Vincent said: “Our vision is to become a viable closed-loop manufacturer of precision components in the commercial aerospace and defence space.”