M&A Deal Summary

Branford Castle Partners Acquires Testek Solutions

On November 12, 2024, private equity firm Branford Castle Partners acquired aerospace company Testek Solutions from Odyssey Investment Partners

Acquisition Highlights
  • This is Branford Castle Partners’ 1st transaction in the Aerospace sector.
  • This is Branford Castle Partners’ 19th transaction in the United States.
  • This is Branford Castle Partners’ 1st transaction in Michigan.

M&A Deal Summary
Date 2024-11-12
Target Testek Solutions
Sector Aerospace
Buyer(s) Branford Castle Partners
Sellers(s) Odyssey Investment Partners
Deal Type Secondary Buyout

Target

Testek Solutions

Wixom, Michigan, United States
Testek Solutions designs, manufactures, and supports highly reliable aerospace and defense test equipment and testing facilities for OEMs, MROs, and operators. Testek Solutions was founded in 1969 and is based in Wixom, Michigan.

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Buyer(S) 1

Buyer

Branford Castle Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1986
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Branford Castle is a private investment firm that seeks investments in traditional companies with stable cash flows. Branford Castle prefers investing in 'old economy' businesses valued up to $100 million. Brandford will consider public or private companies, but the Firm will not invest in bankrupt, turnaround, or distressed situations. Sectors of interest include manufacturing, commercial distribution, services, consumer products, publishing, restaurants, and infrastructure. Branford Castle was formed in 1986 and is based in New York City.

DEAL STATS #
Overall 20 of 20
Sector (Aerospace) 1 of 1
Type (Secondary Buyout) 6 of 6
State (Michigan) 1 of 1
Country (United States) 19 of 19
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-23 Hoffman Engineering

Stamford, Connecticut, United States

Hoffman Engineering provides proprietary situational awareness solutions for mission-critical aerospace and defense applications. Hoffman Engineering was founded in 1955 and is based in Stamford, Connecticut.

Buy -

Seller(S) 1

SELLER

Odyssey Investment Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 8.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Odyssey Investments is a private equity firm that seeks control/majority investments in middle-market companies. Odyssey looks to back existing management and make investments in the form of leveraged acquisitions, growth financings and recapitalizations. Sectors of interest include industrial manufacturing, business and financial services, aerospace products and services, and 'route-based services'. Odyssey Investment Partners is based in New York City with an additional office in Woodland Hills, California.

DEAL STATS #
Overall 34 of 34
Sector (Aerospace) 4 of 4
Type (Secondary Buyout) 19 of 19
State (Michigan) 1 of 1
Country (United States) 33 of 33
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-01 Aramsco

Paulsboro, New Jersey, United States

Aramsco is a distributor of products, equipment, and services to specialty contractors in North America. The Company carries more than 30,000 different products ranging from personal protective equipment to specialty chemicals and equipment. Aramsco complements this product offering with a suite of value-added services such as equipment repair, rental, and training. Aramsco was founded in 1966 and is based in Paulsboro, New Jersey.

Sell -
Mergr

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