M&A Deal Summary

Burtek Enterprises Acquires Process Fab

On December 4, 2014, Burtek Enterprises acquired aerospace company Process Fab from Vance Street Capital

Acquisition Highlights
  • This is Burtek Enterprises’ 1st transaction in the Aerospace sector.
  • This is Burtek Enterprises’ 1st transaction in the United States.
  • This is Burtek Enterprises’ 1st transaction in California.

M&A Deal Summary

Date 2014-12-04
Target Process Fab
Sector Aerospace
Buyer(s) Burtek Enterprises
Sellers(s) Vance Street Capital
Deal Type Add-on Acquisition

Target

Process Fab

Santa Fe Springs, California, United States
Process Fab, Inc. is an engineering, design and manufacturing firm that provides airframe structures, flight hardware, ground support equipment and tooling to the aerospace industry.

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Buyer(S) 1

Buyer

Burtek Enterprises

Chesterfield, Michigan, United States

Category Company
Founded 1987
Sector Defense
DESCRIPTION

Burtek Enterprises is a provider in the design, production, testing and integration of complex systems and applications for mobile military ground vehicles, radar platforms and other defense systems for the Department of Defense and leading prime contractors. Burtek Enterprises was formed in 1987 and is based in Chesterfield, Michigan.


DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

SELLER

Vance Street Capital

Pacific Palisades, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Focused
DESCRIPTION

Vance Street Capital is a private equity firm focused on acquiring mid-market, profitable businesses in the aerospace, defense, industrial, and medical technology sectors. Vance Street looks for companies valued from $30 to $350 million with sustainable competitive advantages and proven management. Prospective transaction situations include recapitalizations, management buyouts, corporate divestitures, industry consolidations, and growth capital financings. Vance Street Capital was formed in 2007 and is based in Los Angeles, California.


DEAL STATS #
Overall 3 of 12
Sector: Aerospace M&A 3 of 5
Type: Add-on Acquisition M&A Deals 2 of 7
State: California M&A 2 of 4
Country: United States M&A 3 of 9
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-06 Eirtech Aviation Services

Shannon, Ireland

Eirtech Aviation Services is an aviation services company providing painting, interior refinishing, and graphics to international airlines, private operators, and aviation leasing companies predominantly in Europe and the Middle East. Eirtech Aviation Services was formed in 1999 and is based in Shannon, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-27 Secure Technology Co.

Santa Ana, California, United States

Secure Technology Company (“Secure”) is a designer and manufacturer of customized information assurance equipment, C4ISR systems, high bandwidth wireless communication equipment, wireless audio, video and recording products as well as custom platform driven EMS components.

Sell $230M