M&A Deal Summary

Ontic Acquires Firstmark

On September 19, 2018, Ontic acquired aerospace company Firstmark from H-D Advanced Manufacturing

Acquisition Highlights
  • This is Ontic’s 2nd transaction in the Aerospace sector.
  • This is Ontic’s 1st transaction in the United States.
  • This is Ontic’s 1st transaction in California.

M&A Deal Summary

Date 2018-09-19
Target Firstmark
Sector Aerospace
Buyer(s) Ontic
Sellers(s) H-D Advanced Manufacturing
Deal Type Divestiture

Target

Firstmark

Chatsworth, California, United States
Firstmark Corp. is a provider of highly engineered, proprietary components and subsystems for the aerospace and defense industries. The company employs over 70 people and has locations in Creedmoor, North Carolina, and Plainview, New York.

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Buyer(S) 1

Buyer

Ontic

Chatsworth, California, United States

Category Company
Founded 1974
Sector Aerospace
Employees700
DESCRIPTION

Ontic is a provider of high-quality, OEM-licensed parts for legacy aerospace platforms. Ontic was founded in 1974 and is based in Chatsworth, California.


DEAL STATS #
Overall 2 of 4
Sector: Aerospace M&A 2 of 3
Type: Divestiture M&A Deals 1 of 3
State: California M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-15 Zodiac Oxygen Systems

United Kingdom

Zodiac Oxygen Systems is a manufacturer of oxygen systems and equipment for aircraft.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-27 Pratt & Whitney Canada - JT15D Engine Parts

Longueuil, Quebec, Canada

Pratt & Whitney Canada Corp.'s JT15D Engine Parts manufactures portfolio of engine support capabilities.

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Seller(S) 1

SELLER

H-D Advanced Manufacturing

Houston, Texas, United States

Category Company
Founded 2012
Sector Manufacturing
DESCRIPTION

H-D Advanced Manufacturing is a manufacturer of precision-engineered products for mission-critical applications serving a variety of demanding end markets including aerospace & defense, oil & gas, industrial gearing and motion control, and more. H-D Advanced Manufacturing was founded in 2012 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-20 Numeric Machine

Edmonton, Alberta, Canada

Numeric Machine, Inc. is a manufacturer of tools and equipment that serves the oil & gas and mining industries, furnishing machining services. Its products include mandrels, housings, thrust bearings, thrust chambers, shaft drives and other related components used in downhole drilling motors.

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