American Industrial Partners LP and its portfolio company ADDMAN Engineering completed the acquisition of aerospace and defense manufacturing firm Domaille Engineering, expanding ADDMAN’s capabilities in critical components for military applications. The deal closed on December 1, 2021.

Deal at a Glance
Acquirer:American Industrial Partners LP & ADDMAN Engineering
Target:Domaille Engineering
Value:N/A
Type:Acquisition
Closing Date:December 1, 2021
Sell-side Advisors:Lincoln International
Legal (Buy-Side):Fredrikson & Byron
Legal (Sell-Side):Ropes & Gray

Deal Mechanics

American Industrial Partners LP, a private equity firm based in the United States, and its portfolio company ADDMAN Engineering have finalized the acquisition of Domaille Engineering. The deal is aimed at bolstering ADDMAN’s manufacturing capacity for advanced aerospace and defense components.

Strategic Rationale

The strategic rationale behind this transaction centers on enhancing ADDMAN Engineering's market position in critical supply chain segments for the U.S. military and other government clients. With Domaille's expertise, ADDMAN seeks to accelerate its offerings in high-precision manufacturing processes.

Financial Context

American Industrial Partners is known for its sector-specific focus and commitment to operational improvement of portfolio companies through strategic investments and management support. This deal falls in line with the firm’s growth strategy within the defense industry, which has seen increased spending in recent years due to geopolitical tensions.

Advisors

The acquisition was advised by Lincoln International as sell-side financial advisor for Domaille Engineering. On the buy-side, legal counsel came from Fredrikson & Byron, while Ropes & Gray provided representation on the sell-side.

Outlook

The integration of Domaille Engineering into ADDMAN’s operations is expected to enhance both companies’ competitiveness and market leadership in niche defense manufacturing sectors. American Industrial Partners anticipates that this move will strengthen its portfolio company's position as a key supplier for high-demand applications within the aerospace and defense industry.