Aerospace & Defense

Arlington Capital Partners, With Management, Announces the Acquisition of MB Aerospace

WASHINGTON, DC, April 3, 2013 – Arlington Capital Partners (“Arlington”), a Washington, DC-based private equity firm, today announced the acquisition of MB Aerospace Holdings Limited (“MB Aerospace”), in partnership with the Company’s management team. Headquartered in Motherwell, United Kingdom, MB Aerospace is a leading global provider of highly engineered components for the commercial and military aero-engine and industrial gas turbine markets.

MB Aerospace manufactures complex rings, casings and other engine components for a large and diversified portfolio of aero engine and industrial gas turbine platforms. The Company’s in-depth knowledge of critical manufacturing technologies and global supply chain management allows it to also provide supply chain integration services alongside the manufacture and repair of complex aero-engine components. The Company’s blue-chip customer base includes large OEM’s such as Pratt & Whitney, Rolls-Royce, General Electric, Boeing, United Technologies, GKN, Mitsubishi Heavy Industries and Volvo Aerospace.

“We are excited about the opportunity to partner with Craig Gallagher and the rest of MB Aerospace’s world-class management team,” said Peter Manos, a Managing Partner at Arlington. “This acquisition creates a global platform with a unique focus on providing manufacturing, engineering and supply chain management services for mature and legacy aero-engine platforms, and we believe the Company’s strong growth prospects will be further enhanced with significant acquisitions.”

Craig Gallagher, CEO of MB Aerospace, commented, “Our partnership with Arlington represents a superb fit with our vision of creating a truly world-class aerospace business focused on aero-engine components. Arlington’s global track record in the aerospace and defense sectors will be invaluable as we seek to expand further both organically and through acquisitions. We look forward to leveraging Arlington’s extensive experience and relationships.”

Jesse Liu, a Principal at Arlington said, “Going forward, MB Aerospace is well positioned to lead a consolidation effort in the highly fragmented mature and legacy aero-engine market. The Company’s best-in-class engineering expertise, strong history of past performance and unique market focus enable MB Aerospace to partner with OEM’s to address overall under-performance issues in their supply chains.”

About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C.-based private equity firm with $1.5 billion of committed capital focused on middle market investment opportunities in growth industries including: healthcare services, aerospace/defense, government contracting, business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enables Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field.

About MB Aerospace
MB Aerospace is an international aerospace engineering group providing complex engineering solutions to some of the key names in the aerospace and defense market. The group provides an in-depth knowledge of critical manufacturing technologies and the global supply chain management to support complex aero-engine component manufacture and repair. MB Aerospace supports major corporations to address the root causes of under-performance in their extended and fragmented supply chains and helps safe-guard the continuity of supply in challenging circumstances. Since the management buyout in 2007 led by Craig Gallagher, the Company has secured strategic remits with a number of key aerospace and defense companies, completed the divestment of the group’s non-core operations and positioned the group to serve all key aero-engine OEM’s through strategic acquisitions in North America.

Peter Manos
Arlington Capital Partners
5425 Wisconsin Avenue, Suite 200
Chevy Chase, MD 20815
(202) 337-7500
(202) 337-7525 (fax)

Craig Gallagher
MB Aerospace Holdings Limited
Logans Road
United Kingdom +44 (0)1698 242405

SOURCE: Arlington Capital Partners