M&A Deal Summary

B/E Aerospace Acquires Acurex

On August 30, 1993, B/E Aerospace acquired machinery company Acurex from Wedbush Capital Partners

Acquisition Highlights
  • This is B/E Aerospace’s 1st transaction in the Machinery sector.
  • This is B/E Aerospace’s 1st transaction in the United States.
  • This is B/E Aerospace’s 1st transaction in California.

M&A Deal Summary
Date 1993-08-30
Target Acurex
Sector Machinery
Buyer(s) B/E Aerospace
Sellers(s) Wedbush Capital Partners
Deal Type Add-on Acquisition

Target

Acurex

Anaheim, California, United States
Acurex Corp. is a manufacturer of aircraft galley refrigeration systems.

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Buyer(S) 1

Buyer

B/E Aerospace

Wellington, Florida, United States
Category Company
Founded 1987
Sector Aerospace
Employees10,057
Revenue 2.7B USD (2015)
DESCRIPTION
Entrance to B/E Aerospace's corporate headquarters in Wellington, Florida.
Entrance to B/E Aerospace's corporate headquarters in Wellington, Florida.

B/E Aerospace, Inc. is a manufacturer of aircraft cabin interior products and a provider of aerospace fasteners, consumables and logistics services. B/E Aerospace designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E Aerospace manufactured products include aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems.

DEAL STATS #
Overall 1 of 17
Sector (Machinery) 1 of 2
Type (Add-on Acquisition) 1 of 11
State (California) 1 of 3
Country (United States) 1 of 15
Year (1993) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1995-12-14 Burns Aerospace

United States

Burns Aerospace Corp., is a aerospace service provider.

Buy $43M

Seller(S) 1

SELLER

Wedbush Capital Partners

Los Angeles, California, United States

Investor Investor

Category Private Equity Firm
PE ASSETS 120M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Wedbush Capital Partners is a private equity firm focused on recapitalizations, growth investments in, and management buyouts of lower middle-market companies generating sales of $10 to $50 million. Sectors of interest include consumer products and services, business and financial services, and niche manufacturing. Wedbush prefers to make initial equity investments of $2 to $10 million in companies valued between $5 and $50 million. The Firm prefers opportunities in the Western US. Wedbush Capital Partners is affiliated with investment bank Wedbush Securities. The Firm is based in Los Angeles, California.

DEAL STATS #
Overall 1 of 9
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 6
State (California) 1 of 7
Country (United States) 1 of 9
Year (1993) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-09 ASTECH Engineered Products

Santa Ana, California, United States

ASTECH Engineered Products, Inc. is a supplier of lightweight, high-strength, heat-resistant and noise-suppression structures for commercial and military aircraft, space vehicles, missiles, and other applications.

Sell -
Mergr

Product

Company

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