M&A Deal Summary

Kinetic Engine Systems Acquires Verus Aerospace

On January 4, 2024, Kinetic Engine Systems acquired aerospace company Verus Aerospace from Arlington Capital Partners

Acquisition Highlights
  • This is Kinetic Engine Systems’ 4th transaction in the Aerospace sector.
  • This is Kinetic Engine Systems’ 4th transaction in the United States.
  • This is Kinetic Engine Systems’ 1st transaction in California.

M&A Deal Summary
Date 2024-01-04
Target Verus Aerospace
Sector Aerospace
Buyer(s) Kinetic Engine Systems
Sellers(s) Arlington Capital Partners
Deal Type Add-on Acquisition

Target

Verus Aerospace

Anaheim, California, United States
Verus Aerospace is a precision manufacturer of flight critical components for the commercial aerospace and defense industries. Verus Aerospace was founded in 2010 and is based in Anaheim, California.

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Buyer(S) 1

Buyer

Kinetic Engine Systems

Connecticut, United States
Category Company
Sector Aerospace
DESCRIPTION

Kinetic Engine Systems is a Tier 1 supplier of precision aero-engine components directly serving major aero-engine OEMs and other Tier 1 suppliers. The Company’s centers of excellence, based in the U.S. and Mexico, produce machined parts, subassemblies, assemblies, and repair and overhaul services for the world’s leading manufacturers of engines and related systems.

DEAL STATS #
Overall 4 of 4
Sector (Aerospace) 4 of 4
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 4 of 4
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-04 AeroCision

Chester, Connecticut, United States

AeroCision is a manufacturer of machine and fabricated precision components for gas turbine engines used in military, commercial and industrial applications, including aircraft, helicopters, and tanks. AeroCision was founded in 1958 and is based in Chester, Connecticut.

Buy -

Seller(S) 1

SELLER

Arlington Capital Partners

Chevy Chase, Maryland, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 7.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Arlington Capital Partners is a middle-market private equity firm focused on buyouts and recapitalizations in targeted growth industries. Arlington targets US based companies valued between $50 and $500 million with strong potential for organic growth and possible consolidation opportunities. Sectors of interest include business services and outsourcing, aerospace/defense, federal and commercial IT, media, education and training, healthcare services, and manufacturing. Arlington Capital was formed in 1999 and is headquartered in Washington DC.

DEAL STATS #
Overall 35 of 37
Sector (Aerospace) 4 of 4
Type (Add-on Acquisition) 18 of 19
State (California) 3 of 3
Country (United States) 33 of 35
Year (2024) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-04 Kinetic Engine Systems

Connecticut, United States

Kinetic Engine Systems is a Tier 1 supplier of precision aero-engine components directly serving major aero-engine OEMs and other Tier 1 suppliers. The Company’s centers of excellence, based in the U.S. and Mexico, produce machined parts, subassemblies, assemblies, and repair and overhaul services for the world’s leading manufacturers of engines and related systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-25 Pegasus Steel

Goose Creek, South Carolina, United States

Pegasus Steel is a provider of complex fabricated steel structures used for the construction of submarines, aircraft carriers, and other naval and industrial systems. The Company specializes in cutting, forming, machining, and welding large-scale, complex fabrications. Pegasus is headquartered in Goose Creek, South Carolina.

Sell -
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