Add-on Acquisition • Aerospace

Avantus Acquires Fastener Innovation Technology

On September 29, 2020, Avantus acquired aerospace company Fastener Innovation Technology

Acquisition Context
  • This is Avantus’ 3rd transaction in the Aerospace sector.
  • This is Avantus’ 3rd transaction in the United States.
  • This is Avantus’ 3rd transaction in California.

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M&A Deal Summary

Date September 29, 2020
Target Fastener Innovation Technology
Sector Aerospace
Buyer(s) Avantus
Deal Type Add-on Acquisition

Target Company

Fastener Innovation Technology

Ramcho Dominguez, California, United States
Fastener Innovation Technology Corp. is manufacturer of specialty fasteners for military and commercial aerospace applications. Fastener Innovation Technology is based in Ramcho Dominguez, California.
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Buyer Overview 1

Buyer

Avantus

Valencia, California, United States

Category Company
Founded 2011
Sector Aerospace
DESCRIPTION

Avantus manufactures a wide range of aerospace components such as fasteners, brackets, shims, detail assemblies and clips – as well as a broad array of composite and metal bond structures. Avantus was founded in 2011 and is based in Valencia, California.


Deal Context for Buyer #
Overall 4 of 5
Sector: Aerospace 3 of 3
Type: Add-on Acquisition 3 of 4
State: California 3 of 4
Country: United States 3 of 4
Year: 2020 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-13 Fastener Technology

North Hollywood, California, United States

Fastener Technology Corp. is a provider of specialty fasteners for commercial and military aerospace applications. Fastener Technology was founded in 1979 and is based in North Hollywood, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-06 California Screw Products

Paramount, California, United States

California Screw Products Corp. is a manufacturer of unique, high-strength fasteners for commercial and military aerospace applications. California Screw Products was established in 1984 and is based in Paramount, California.

Buy -