M&A Deal Summary

Accurus Aerospace Acquires McCann Aerospace

On April 2, 2014, Accurus Aerospace acquired aerospace company McCann Aerospace

Acquisition Highlights
  • This is Accurus Aerospace’s 1st transaction in the Aerospace sector.
  • This is Accurus Aerospace’s 1st transaction in the United States.
  • This is Accurus Aerospace’s 1st transaction in Georgia.

M&A Deal Summary

Date 2014-04-02
Target McCann Aerospace
Sector Aerospace
Buyer(s) Accurus Aerospace
Deal Type Add-on Acquisition
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)
Patton Boggs LLP (Legal)

Target

McCann Aerospace

Athens, Georgia, United States
McCann Aerospace isindependent aero machining facilities. The addition of an 80,000sf facility brings our total footage to 155,000 square feet at our Athens, GA location. We have a second manufacturing plant in Macon, GA which encompasses 12,000 square feet. With both of these locations, no job is too large or too small for our company.

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Buyer(S) 1

Buyer

Accurus Aerospace

Tulsa, Oklahoma, United States

Category Company
Founded 1974
Sector Aerospace
DESCRIPTION

Accurus Aerospace is a provider of metallic parts, kits and assemblies, and processing services to the global aerospace and defense industry. Accurus Aerospace was founded in 1974 and is based in Tulsa, Oklahoma.


DEAL STATS #
Overall 1 of 3
Sector (Aerospace) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Georgia) 1 of 1
Country (United States) 1 of 2
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-02 ZTM

South Wichita, Kansas, United States

ZTM is a provider of large, complex metallic parts and assemblies for the global aerospace industry. ZTM was founded in 1988 and is based in South Wichita, Kansas.

Buy -