AE Industrial Partners

AE Industrial Partners, LP is a private equity firm established in 1998 and based in Boca Raton, Florida, with additional offices in Savannah, Georgia, and Stamford, Connecticut. The firm specializes in growth capital, middle-market investments, and buyouts, focusing on carve-outs, management buyouts, and special situations in family- or founder-owned companies. AE Industrial Partners targets sectors such as aerospace and defense, power generation, specialty industrial markets, and government services. The firm emphasizes investments in highly technical manufacturing, distribution, maintenance, repair and overhaul (MRO), and logistics and data services. It prefers companies with revenues ranging from $50 million to $1 billion and seeks opportunities for growth exceeding five percent annually. AE Industrial Partners also has a commitment to sustainable investments aimed at improving fuel efficiency and reducing emissions.

Zach Appleman

Vice President

Marc Baliotti

Senior Managing Director

Bill Boisture

Operating Partner

Pamela Braden

Operating Partner

Thomas Brew Jr.

Executive Vice President

Chester Brown

Senior Associate

Ben Van Buskirk

Vice President

Taylor Casey

Vice President

Thomas Churbuck

Operating Partner

Charles Compton

Managing Partner

Charlie Compton

Managing Partner

Nathan Dickstein

Managing Director and Head of AEI Aerospace Leasing Fund

Austen Dixon

Vice President

Katie Folmar

Vice President

Zeke Fraint

Vice President

Wayne Garrett

Partner

Michael Greene

Managing Partner

Jeffrey Hart

Principal

Brian Hickey

Managing Director, Capital Formation

Graham Kantor

Vice President

Eugene Kim

Vice President

Melissa Klafter

Partner and CFO

Kirk Konert

Partner

Adrian Lee

Senior Associate

Jon Lusczakoski

Vice President

Kevin McAleenan

Operating Partner

Kevin G. McAllister

Senior Operating Partner and Co-Head

James McConville

Operating Partner

Andrew McElhinney

Principal

Paul McElhinney

Senior Operating Partner, Co-Head of Portfolio Strategy and Optimization Group

Bryan McElwee

Principal

Jon Nemo

Managing Partner

Jonathan E. Nemo

Managing Partner

Isabella Pulignano

Senior Associate

Tyler Rowe

Principal

David Rowe

Co-Founder and Managing Partner

Dev Rudra

Vice President

Mark Satran

Senior Managing Director

Brian Schettler

Partner, Head of AEI HorizonX

Charles Short

Managing Director and Head of Capital Formation

Brandon Smith

Senior Associate

Shawn Vick

General Partner

Laurence Vigeant-Langlois

Managing Director

Dennis Walsh

Operating Partner

Louis Brothers Ph.D

Operating Partner

33 past transactions

Terran Orbital

Post in 2022
Terran Orbital Corporation specializes in the manufacture of picosatellites, cubesats, and nanosatellites for government and commercial clients. The company provides a range of integrated systems, including the Intrepid, which supports cubesat and nanosatellite missions, and the Intrepid CubeSat Platform, offering a complete avionics solution. Additionally, they offer the Endeavour, which integrates spacecraft bus subsystems for advanced mission capabilities. Terran Orbital also develops radiation-tolerant computer systems and provides a variety of services, such as mission consulting, research and development, and launch services. The company serves a diverse clientele, including enterprises, universities, and government agencies, and has established partnerships with organizations like NASA and the Department of Defense. Founded in 2014 and located in Irvine, California, Terran Orbital aims to deliver cost-effective solutions in the new space aerospace sector while building a global constellation of nanosatellites to enhance data infrastructure in space.

Firefly

Series B in 2022
Firefly Aerospace, founded in 2017 and headquartered in Cedar Park, Texas, focuses on providing low-cost, high-performance launch capabilities for the small satellite market. Recognizing the growing significance of small satellites, the company designs and manufactures orbital launch vehicles that utilize common technologies for economical access to space. Their rockets are engineered to accommodate payloads ranging from one to four metric tons and are intended to support frequent launch opportunities. Firefly's innovative approach includes plans for reusable components and air-breathing propulsion in future vehicles, enhancing their capabilities and offering a pathway for incremental technological advancements. By facilitating affordable rides to space, Firefly aims to enable the advancement and demonstration of various technologies, thereby supporting the development of new satellite systems that promise improved redundancy and regular updates.

Sierra Space

Series A in 2021
Sierra Space is focused on advancing the accessibility of the space economy through the development of innovative space transportation and technologies. The company is known for its Dream Chaser, a reusable winged commercial spaceplane designed to conduct cargo supply and return missions for NASA, with operations expected to commence soon. Dream Chaser can deliver significant payloads to the International Space Station and facilitate the rapid return of valuable research data to Earth. In addition to its transportation capabilities, Sierra Space provides a range of orbital services to commercial and government entities, supporting national security and defense initiatives. The company also specializes in various subsystems related to solar power, mechanics, environmental control, life support, propulsion, and thermal management, offering comprehensive space-as-a-service solutions tailored to meet the evolving demands of the new space economy.

Quincus

Series B in 2021
Quincus is a logistics management platform that focuses on optimizing supply chain operations through technology and data analytics. Established in 2014, the company provides a solution that automates manual tasks, enhances operational efficiency, and offers real-time visibility across the supply chain ecosystem. Its platform features an open API and a vehicle management dashboard, allowing companies to digitalize paper-based processes and significantly reduce time spent on routine activities like data entry. Quincus serves a diverse clientele, including well-known brands across various regions such as Singapore, Thailand, Malaysia, Indonesia, China, and the UAE, positioning itself as a trusted partner for businesses seeking to adapt swiftly to market changes.

Fire Team Solutions

Venture Round in 2021
Fire Team Solutions is a Service-Disabled Veteran-Owned Small Business that delivers a broad range of premier engineering, development, and programmatic services to customers across the Department of Defense and Intelligence community.

ALL.SPACE

Series B in 2021
Isotropic Systems Limited specializes in the design and development of innovative antennas for satellite communications. Founded in 2013 and headquartered in Reading, United Kingdom, with an additional office in Linthicum, United States, the company targets a diverse clientele, including high-throughput satellite operators, maritime service providers, and the defense industry. The firm is recognized for its groundbreaking advancements in antenna technology, particularly its low-profile, multi-band antennas that feature electronic beam steering. These antennas are engineered for applications in satellite broadcasting, VSAT, microwave communications, and 5G broadband, offering a cost-effective solution without moving parts, thus ensuring stability for mobile environments.

Cross-Fire & Security

Acquisition in 2021
Cross-Fire & Security is a safety company specializing in the design, engineering, installation, maintenance, monitoring, and servicing of state-of-the-art fire and life safety systems.

BigBear.ai

Acquisition in 2021
BigBear.ai is a decision dominance serving the national defense and intelligence communities. The Company delivers high-end capabilities across the data and digital spectrum to deliver information superiority and decision support. BigBear.ai provides a comprehensive suite of solutions including artificial intelligence and machine learning, data science, advanced analytics, offensive and defensive cyber, data management, cloud solutions, digital engineering, and systems integration.

UAV Factory

Acquisition in 2021
UAV Factory Ltd. is one of the world’s leading developers of unmanned composite airframes. In the rapidly-developing field of unmanned aerial vehicles, UAV Factory designs subsystems, develops platforms, and manufactures airframes. The result is a product that is unmatched in quality, and unparalleled in technological advancement.

Pangiam

Acquisition in 2020
Pangiam is a public-private partnership company creating a network of industry partners aimed at revolutionizing the future of operations, security, and safety at airports, seaports, and land border crossings through the use of emerging technologies.

NuWave Solutions

Acquisition in 2020
NuWave Solutions brings together leading edge data management, analytics, artificial intelligence and cloud technologies to deliver advanced decision support solutions to government and business leaders.

Deep Space Systems

Acquisition in 2020
Deep Space Systems is a Colorado-based company that specializes in the design, development, integration, testing, and operation of spacecraft for science, technology, and exploration purposes. The company offers a range of products, including integrated spacecraft, fully qualified space components, and ground support equipment, as well as software solutions. Its engineering expertise encompasses the design and analysis of various space systems and subsystems, such as structures, mechanisms, propulsion, power, thermal management, telecommunications, avionics, optical systems, and instrumentation. With a skilled engineering team and advanced tools, Deep Space Systems aims to address the diverse challenges faced in the aerospace sector.

ThayerMahan

Venture Round in 2020
ThayerMahan, Inc., established in 2016 and located in Groton, Connecticut, focuses on developing advanced underwater technologies to address maritime security challenges. The company provides innovative tools and expertise aimed at safeguarding maritime food supplies, trade routes, industrial infrastructure, and borders. Through its solutions, ThayerMahan enables clients to enhance the monitoring of both physical and environmental security in the world's oceans.

Adcole Maryland Aerospace

Acquisition in 2020
Adcole Maryland Aerospace specializes in the design, manufacture, integration, test, and operation of small satellites and spacecraft components. The Company combines new space technologies with a rich heritage in space flight and proven traditional space hardware to meet the emerging needs of the aerospace industry. Adcole’s team of engineers have a diverse range of skill sets and decades of mission experience, and combined with its state-of-the-art cleanroom facility, enable the Company to deliver end-to-end space systems that meet exacting quality standards.

G.S Precision

Acquisition in 2020
G.S. Precision, Inc. manufactures high-precision machined components and sub-assemblies for aircraft engine, aerospace, medical, fiber-optic, automotive, specialty bearing, and other commercial industries. Its capabilities include precision CNC machining and assembly, CNC turning centers, CNC machining centers, CNC Swiss, Swiss automatics, grinding, EDM, deburring, prototyping, and assembly. The company was founded in 1958 and is based in Brattleboro, Vermont with a facility in Guaymas, Mexico.

American Pacific

Acquisition in 2020
American Pacific Corporation manufactures specialty chemicals, primarily oxidizers. It offers oxidizers that are used in solid rocket motors for space launch vehicles and national defense applications. The company also produces ammonium perchlorate and other perchlorate chemicals; halocarbon-based clean fire extinguishing agents for the fire protection industry; and sodium azide for pharmaceutical and various other industries. American Pacific Corporation was formerly known as Pacific Engineering & Production Co. of Nevada and changed its name to American Pacific Corporation in 1986. The company was founded in 1955 and is based in Cedar City, Utah with an additional office in Las Vegas, Nevada.

Aim mro

Acquisition in 2019
AIM MRO, LLC is a materials management company that specializes in manufacturing customized products and component repair solutions for maintenance, repair, and operating service shops serving both aero and land-based turbine facilities globally. Founded in 1993 and headquartered in Miamiville, Ohio, the company operates additional offices in Singapore, Brazil, Dubai, the United Kingdom, and Germany. AIM MRO offers a wide range of products including blending and finishing materials, diffusion braze presintered preforms, various braze tapes, thermal sprays, and laser weld products. In addition to these products, the company provides engineering, prototyping, machining, and inventory management services, all aimed at ensuring the efficient operation of manufacturing plants.

Triman Industries

Acquisition in 2019
Triman Industries, Inc. is a distributor of fasteners and electronic components primarily serving the military and commercial sectors. The company offers a wide range of products, including lock washers, nuts, machine screws, springs, rivets, bolts, capacitors, connectors, and circuit breakers, among others. Additionally, Triman Industries provides military specification packaging and documentation services, which encompass contract military packaging, specialized commercial packaging, direct shipment, government source inspection, and customized crating. With a focus on the defense logistics agencies and defense contractors, Triman Industries has established itself as a value-added distributor in the Military, Aerospace, and Defense industries since its inception in 1994. The company is headquartered in West Berlin, New Jersey.

Columbia Helicopters

Acquisition in 2019
Columbia Helicopters, LLC designs, manufactures, and operates commercial heavy-lift helicopters. It offers lifting services to industries, which includes forestry, construction, petroleum exploration, movies, government, disaster relief, and fighting wild fires. The company also provides commercial and military aircraft maintenance, repair, and overhaul services to operators of similar aircraft and components. It serves customers in the United States, Sudan, Saudi Arabia, Ecuador, Chile, Canada, Mexico, Laos, Malaysia, Indonesia, Panama, Afghanistan, Peru, Myanmar, China, Australia, New Zealand, and internationally. The company was founded in 1957 and is based in Aurora, Oregon with additional offices in Port Moresby, Papua New Guinea; Lima, Peru; and Portland, Oregon.

Alpine Air Express

Acquisition in 2019
Alpine Air Express is a logistics and transportation company that specializes in regional air cargo services, primarily operating within the Mountain Region of the Western United States. As a certified Part 135 air cargo operator, Alpine Air Express has established a reputation for delivering safe and reliable air cargo transportation. The company focuses on providing on-demand contract services, which include the transportation of mail, packages, and other time-sensitive cargo. By prioritizing on-time performance and cost-effective shipping solutions, Alpine Air Express meets the diverse needs of its clients in a competitive market.

Resolute Industrial

Acquisition in 2019
Resolute Industrial Resolute Industrial is a leading independent provider of compressor remanufacturing, chiller rental and refrigerant storage solutions for large industrial HVAC systems. Through its strategically located national depot network, Resolute Industrial is a proven provider of HVAC cooling solutions across North America. After separating from Johnson Controls in October of 2015, Resolute Industrial stands as an independent company focused on providing leading quality service to a wide spectrum of customers in the HVAC industry.

Gryphon Technologies

Acquisition in 2018
Gryphon is a premier engineering and technical services firm providing support to national security and coalition forces. Gryphon provides our Defense clients with the systems analysis, integration, and program management skills necessary to manage the development and operations of their mission critical systems. Gryphon Technologies is CMMI Level 3 rated and has consistently been named one of the 50 fastest growing technology companies.

FMI

Acquisition in 2017
Since 1992, FMI has been recruiting knowledgeable talent in specialized component manufacturing. Many of our employees have been at FMI for over 15 years, using their expertise to deliver the best products, on time, every time.

BHI Energy

Acquisition in 2017
Bartlett Holdings, Inc., also known as BHI Energy, provides specialty maintenance, radiation protection, and professional technical staff augmentation services to power generation, transmission and distribution, oil and gas, industrial, automotive, and government markets worldwide. The company’s power services include civil maintenance, valve, specialty welding, professional and technical staff augmentation, facilities maintenance, instrumentation and controls, electrical, turbine and rotating equipment maintenance, project management, scaffolding radiation protection, and decontamination and decommissioning. It also provides staffing solutions, such as temporary technical and professional staffing, managed staffing, payrolling and seconded, and recruitment process outsourcing services. Bartlett Holdings, Inc. was founded in 1979 and is based in Plymouth, Massachusetts with regional offices in Weymouth, Massachusetts; Lawrenceville, Georgia; Altamonte Springs and West Palm Beach, Florida; Aiken and Piedmont, South Carolina; Chicago, Illinois; Guilford, Connecticut; Reno, Nevada; Pembroke and Toronto, Canada; and Bogota, Colombia.

CDI

Acquisition in 2017
Headquartered in Philadelphia, CDI Corp. (NYSE: CDI) is a leading provider of engineering and information technology outsourcing solutions and professional staffing. Its operating units include CDI Engineering Solutions, CDI IT Solutions, CDI AndersElite Limited, and Management Recruiters International, Inc. With offices throughout North America as well as joint ventures in Kuwait and Mexico, the CDI Engineering Solutions division provides engineering outsourcing, project management and professional services to Global 1000 clients in the aerospace, government services, infrastructure, life sciences and process & industrial markets.

Moeller Aerospace

Acquisition in 2016
Moeller Aerospace, located in Wixom, Michigan, specializes in the manufacturing of precision-machined components primarily for the gas turbine aircraft engine and power generation industries. Founded in 1949, the company produces a diverse range of products, including blade locks, brackets, blades, vanes, housings, and manifolds. Moeller Aerospace is particularly recognized for its expertise in creating hot- and cold-section turbine airfoils, utilizing various alloys such as Inconel and titanium. Additionally, the company has a dedicated unit for machining titanium-aluminide low-pressure turbine blades. Among its notable offerings are proprietary products like Click-Loc and FlexThread, which include self-locking fluid fittings, fasteners, and borescope plugs.

AC&A

Acquisition in 2016
AC&A is a provider of composite and metallic parts and tooling to the aerospace, defense, space and specialty automobile markets with exceptional carbon composite capabilities. AC&A is highly proficient in both tool generation and component part manufacturing for its core markets as well as emerging, high-growth end markets such as space and unmanned aerial vehicles (UAVs). With a reputation for producing solutions for difficult-to-manufacture parts, AC&A continues to grow its list of blue-chip customers in its key markets.

The Aircraft Group

Acquisition in 2016
The Aircraft Group, founded in 1990 and based in Phoenix, Arizona, specializes in commercial aviation asset and transaction management, earning a global reputation for excellence. The company offers a comprehensive range of aircraft consulting services, including assistance with the purchase, sale, and leasing of various types of commercial aircraft. Its expertise encompasses tracking aircraft maintenance, evaluating economic exposure, and monitoring revisions to technical requirements from manufacturers. Additionally, The Aircraft Group provides inspections of associated costs, timely reporting, and services such as negotiating lease and sale agreements, managing re-marketing programs, and conducting trend analysis. With advanced technology and technical skills, the company caters to a diverse client base, ensuring effective and efficient management of aviation assets.

Belcan

Acquisition in 2015
Belcan Corp. is a global supplier of engineering services that caters to a wide range of industries, including aerospace, automotive, industrial, pharmaceutical, electronics, and government sectors. With a workforce of over 3,000 engineers and 20 locations worldwide, the company ranks among the largest engineering firms in the United States. Belcan offers a variety of services, including engineering consultancy, project management, technical staffing, supply chain management, data analytics, and technical recruiting. By leveraging its experienced team, Belcan provides clients with flexible, scalable, and cost-effective solutions tailored to meet their specific needs.

Kellstrom Commercial Aerospace

Acquisition in 2015
Kellstrom Materials is a uniquely capable supply chain partner to the world’s air transport providers and MRO’s. Differentiated by its operational heritage, on-hand relevant inventory and parts management emphasis, Kellstrom Materials provides you with instant access to one of the world’s largest and most comprehensive inventories of new and pre-owned aircraft parts for engine and airframe heavy maintenance, phase checks and line maintenance. The company offers an unparalleled level of cost-effective supply chain solutions to the world’s air transport operators, including new OEM parts distribution, consignment management, pre-owned parts distribution, repair management, overhauled rotable components, parts exchange, whole engine assets, and fleet provisioning programs based on real world experience.

Astronics AeroSat

Venture Round in 2008
At AeroSat Corporation, our mission is to keep you connected, no matter where you fly. For more than a decade, we have been developing aviation communications solutions for commercial aircraft and business jets that provide revolutionary global broadband and television services for passengers and crew. Today, AeroSat is on the cutting-edge of in-flight connectivity, a market poised for significant growth. Our innovative Ku-band antenna systems enable aircraft to connect to the Internet whether in flight or at the gate, affordably maintaining high-speed broadband connections in every region of the world. More than 300 of our commercial TV antennas have been installed to date, providing service where others can't, due to a weak signal, low-to-horizon positioning, or humid weather conditions. Our goal in the next two years is to become the aviation standard for wireless connectivity, television, cell-phone service, and text messaging. Within three years, we plan to introduce the next generation of airborne communications, delivering even greater connection speed at the lowest cost ever. Innovative products. Proven performance. Our product line includes four SATCOM antenna systems. Our newest product is a Fuselage Broadband Internet Antenna System that enables commercial airliners to receive true high-speed broadband Internet service. These Ku-band aircraft antennas are currently being implemented by several major airlines. In addition, we offer a Fuselage-Mounted aircraft television antenna, a Tail-Mounted aircraft television antenna and a TV/Internet Tail-Mounted Antenna. To date, we have shipped more than 300 units. Certified and approved. Today, our airborne SATCOM products are certified and in use on Boeing, Airbus, Gulfstream, Bombardier, Dessault and Cessna aircraft. AeroSat holds ISO 9001:2000 certification, Aerospace Standard (AS9100B) certification, FAA Parts Manufacture Authority (PMA) and is FAA certified on 28 types of aircraft. AeroSat's newest HR6400 Ku-band antenna is DO-160E qualified and flight tested.

Astronics AeroSat

Venture Round in 2006
At AeroSat Corporation, our mission is to keep you connected, no matter where you fly. For more than a decade, we have been developing aviation communications solutions for commercial aircraft and business jets that provide revolutionary global broadband and television services for passengers and crew. Today, AeroSat is on the cutting-edge of in-flight connectivity, a market poised for significant growth. Our innovative Ku-band antenna systems enable aircraft to connect to the Internet whether in flight or at the gate, affordably maintaining high-speed broadband connections in every region of the world. More than 300 of our commercial TV antennas have been installed to date, providing service where others can't, due to a weak signal, low-to-horizon positioning, or humid weather conditions. Our goal in the next two years is to become the aviation standard for wireless connectivity, television, cell-phone service, and text messaging. Within three years, we plan to introduce the next generation of airborne communications, delivering even greater connection speed at the lowest cost ever. Innovative products. Proven performance. Our product line includes four SATCOM antenna systems. Our newest product is a Fuselage Broadband Internet Antenna System that enables commercial airliners to receive true high-speed broadband Internet service. These Ku-band aircraft antennas are currently being implemented by several major airlines. In addition, we offer a Fuselage-Mounted aircraft television antenna, a Tail-Mounted aircraft television antenna and a TV/Internet Tail-Mounted Antenna. To date, we have shipped more than 300 units. Certified and approved. Today, our airborne SATCOM products are certified and in use on Boeing, Airbus, Gulfstream, Bombardier, Dessault and Cessna aircraft. AeroSat holds ISO 9001:2000 certification, Aerospace Standard (AS9100B) certification, FAA Parts Manufacture Authority (PMA) and is FAA certified on 28 types of aircraft. AeroSat's newest HR6400 Ku-band antenna is DO-160E qualified and flight tested.
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