Belcan

CASE Merges with CyberKinetics

Retrieved on: 
Monday, April 29, 2024

Founded in 2018 and headquartered in Herndon, Virginia, CyberKinetics’ leadership has more than two decades of experience providing innovative and secure IT solutions, including cybersecurity engineering, DevOps, data engineering, cloud migration, and infrastructure planning, to the national security community.

Key Points: 
  • Founded in 2018 and headquartered in Herndon, Virginia, CyberKinetics’ leadership has more than two decades of experience providing innovative and secure IT solutions, including cybersecurity engineering, DevOps, data engineering, cloud migration, and infrastructure planning, to the national security community.
  • CyberKinetics’ integrated approach to technology prides itself on ease of use, ease of maintenance, and layered security that meets the most demanding requirements.
  • The CyberKinetics management team will remain with the combined organization.
  • “CyberKinetics’ team of highly skilled app developers, data scientists and engineers understand the unique challenges that come with migrating to and designing for the secure cloud in the national security sector,” said Paul Farmer, CEO, CASE.

Yingling Aviation Acquires Mid-Continent Aviation Services

Retrieved on: 
Thursday, March 7, 2024

Yingling Aviation (“Yingling”), a leading, full-service provider of maintenance, repair, and overhaul (MRO) and fixed-base operation (FBO) services to business and general aviation customers throughout the United States, announced that it has acquired Mid-Continent Aviation Services (“MCAS”), a full-service MRO also located at Wichita’s Dwight D. Eisenhower National Airport (ICT).

Key Points: 
  • Yingling Aviation (“Yingling”), a leading, full-service provider of maintenance, repair, and overhaul (MRO) and fixed-base operation (FBO) services to business and general aviation customers throughout the United States, announced that it has acquired Mid-Continent Aviation Services (“MCAS”), a full-service MRO also located at Wichita’s Dwight D. Eisenhower National Airport (ICT).
  • Founded in 2010, MCAS provides a wide range of services to business aviation customers, including aircraft MRO, parts, technical assistance, and sales support.
  • With the addition of MCAS, Yingling continues to expand its presence in Wichita while gaining access to MCAS’ deep expertise, highly-skilled professionals, and state-of-the-art 80,000+ square foot facility.
  • “We are very excited to welcome MCAS to the Yingling family and look forward to working with their seasoned group of world-class technicians,” said Bob Rasberry, CEO, Yingling Aviation.

AE Industrial Partners Completes Acquisition of Calca Solutions

Retrieved on: 
Monday, March 4, 2024

AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, today announced it has completed the acquisition of Calca Solutions (“Calca” or the “Company”).

Key Points: 
  • AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, today announced it has completed the acquisition of Calca Solutions (“Calca” or the “Company”).
  • “We are excited to partner with the management team at Calca Solutions to invest in the resilience and growth of the U.S. national security industrial base,” said Kirk Konert , Managing Partner at AEI.
  • “We are looking forward to the next phase of our business’ evolution in partnership with AEI,” said Shane Jenkins, CEO of Calca Solutions.
  • Kirkland & Ellis LLP served as legal advisor and FMI Capital Advisors served as exclusive advisor to Calca Solutions and AE Industrial Partners.

AE Industrial Partners’ Chris Emerson Transitions to Senior Partner

Retrieved on: 
Thursday, February 8, 2024

AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, announced today that Chris Emerson has transitioned from Operating Partner to Senior Partner.

Key Points: 
  • AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, announced today that Chris Emerson has transitioned from Operating Partner to Senior Partner.
  • The firm also announced that Emerson will head up a new office in Washington, D.C., projected to open in the 3rd quarter of 2024.
  • He also served as President of Airbus Helicopters, Inc., and was Senior Vice President of Airbus Commercial Aircraft in Toulouse, France.
  • “We’re excited to leverage Chris’ insight, network, and expertise as a full-time Senior Partner of the firm as we continue to build on our national security portfolio and enhance the operations of our existing portfolio companies.”
    Mr. Emerson currently serves on the Board of Directors of AE Industrial portfolio companies The Atlas Group, Belcan, Firefly Aerospace, and York Space Systems.

AE Industrial Partners Affiliate Acquires 2 Million Square Ft. Industrial Facility in Northwest Alabama

Retrieved on: 
Tuesday, January 30, 2024

AE Industrial Partners, LP (“AEI”), a private equity firm specializing in aerospace, national security and industrial services, today announced that its affiliate Rocket Shoals LLC has acquired an industrial facility, known informally as the “Shoals,” from the Retirement Systems of Alabama.

Key Points: 
  • AE Industrial Partners, LP (“AEI”), a private equity firm specializing in aerospace, national security and industrial services, today announced that its affiliate Rocket Shoals LLC has acquired an industrial facility, known informally as the “Shoals,” from the Retirement Systems of Alabama.
  • AEI plans to renovate the facility to serve as an aerospace center of excellence anchored in The Shoals area.
  • Located at 1200 Haley Drive in Cherokee, Alabama, the facility is situated on 638 acres and contains 2.27 million square feet of industrial zoned manufacturing capacity.
  • “We are proud to call Alabama home as we expand several of our marquee companies in the Shoals area,” added Chris Emerson , Senior Partner at AE Industrial.

AE Industrial Partners Completes Sale of American Pacific Corp. to NewMarket Corp. for $700 million

Retrieved on: 
Wednesday, January 17, 2024

Founded in 1955, American Pacific produces highly specialized chemicals through proprietary processes for use in missile defense, space launch, pharmaceutical, and fire suppression applications.

Key Points: 
  • Founded in 1955, American Pacific produces highly specialized chemicals through proprietary processes for use in missile defense, space launch, pharmaceutical, and fire suppression applications.
  • The Company, based in Cedar City, Utah, produces performance additives utilized in solid rocket motors for use in space launch and military defense.
  • American Pacific is qualified to work on several NASA and Department of Defense programs, serving these organizations for over 60 years.
  • American Pacific also manufactures Halotron BrX, a clean and environmentally friendly fire extinguishing agent that replaces existing legacy high ozone-depleting fire extinguishing solutions.

ThayerMahan raises $20 million of additional Series C Funding

Retrieved on: 
Tuesday, January 9, 2024

GROTON, Conn., Jan. 9, 2024 /PRNewswire/ -- ThayerMahan, a world leader in autonomous maritime surveillance solutions, closed $20 million in follow-on Series C funding led by Hanwha Asset Management.

Key Points: 
  • GROTON, Conn., Jan. 9, 2024 /PRNewswire/ -- ThayerMahan, a world leader in autonomous maritime surveillance solutions, closed $20 million in follow-on Series C funding led by Hanwha Asset Management.
  • Existing investors, including MC2 Security Fund, AE Industrial Partners, I Squared Capital, and Yellow Sub Funding participated pro rata in the round.
  • The investment follows a $30 million Series C investment led by MC2 Security Fund in April 2023.
  • Founded in 2016, ThayerMahan provides maritime domain data solutions and related services for government and industry customers.

AE Industrial Partners Appoints U.S. Army Captain (Ret.) Florent Groberg as Vice President

Retrieved on: 
Wednesday, January 3, 2024

AE Industrial Partners, LP (“AEI”), a private equity firm specializing in aerospace, national security, and industrial services, today announced the appointment of United States Army Captain (Ret.)

Key Points: 
  • AE Industrial Partners, LP (“AEI”), a private equity firm specializing in aerospace, national security, and industrial services, today announced the appointment of United States Army Captain (Ret.)
  • Florent “Flo” Groberg as Vice President within the firm’s Portfolio Strategy and Optimization Group.
  • View the full release here: https://www.businesswire.com/news/home/20240103909985/en/
    Florent Groberg, Vice President - AE Industrial (Photo: Business Wire)
    Captain Groberg’s storied career with the U.S. Army included two deployments to Afghanistan.
  • “Recent global events have further underscored the need for innovation and the role that technology can play in helping combat complex threats,” said Captain Groberg.

Investor Alert: Abbott Cooper PLLC Investigates BigBear.ai

Retrieved on: 
Friday, December 8, 2023

STAMFORD, Conn., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Abbott Cooper PLLC is investigating BigBear.ai Holdings, Inc. (NYSE: BBAI) (“BigBear.ai” or the “Company”) on behalf of the Company’s investors in connection with BigBear.ai’s acquisition of Pangiam Intermediate Holdings, LLC (“Pangiam”).

Key Points: 
  • STAMFORD, Conn., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Abbott Cooper PLLC is investigating BigBear.ai Holdings, Inc. (NYSE: BBAI) (“BigBear.ai” or the “Company”) on behalf of the Company’s investors in connection with BigBear.ai’s acquisition of Pangiam Intermediate Holdings, LLC (“Pangiam”).
  • BigBear.ai stockholders are encouraged to contact Abbott Cooper PLLC by calling (475) 333-0674, emailing [email protected] or visiting our website at www.abbottlawyer.com for additional information about this investigation as well as their legal rights and options.
  • Abbott Cooper PLLC is dedicated to shareholders’ rights and empowering shareholders through strategic counsel and legal advocacy.
  • For additional information about Abbott Cooper PLLC, please visit www.abbottlawyer.com .

Investor Alert: Abbott Cooper PLLC Investigates Potentially Conflicted Acquisition Transaction; Urges BigBear.ai Stockholders to Contact Abbott Cooper Regarding Their Legal Rights

Retrieved on: 
Sunday, November 12, 2023

BigBear.ai and Pangiam are both portfolio companies of AE Industrial Partners.

Key Points: 
  • BigBear.ai and Pangiam are both portfolio companies of AE Industrial Partners.
  • BigBear.ai stockholders are encouraged to contact Abbott Cooper PLLC by calling (475) 333-0674, emailing [email protected] or visiting our website at www.abbottlawyer.com for additional information about this investigation as well as their legal rights and options.
  • Abbott Cooper PLLC is dedicated to shareholders’ rights and empowering shareholders through strategic counsel and legal advocacy.
  • For additional information about Abbott Cooper PLLC, please visit www.abbottlawyer.com .