M&A Deal Summary

PCX Aerosystems Acquires Honematic Machine

On April 11, 2022, PCX Aerosystems acquired manufacturer Honematic Machine

Acquisition Highlights
  • This is PCX Aerosystems’ 1st transaction in the Manufacturing sector.
  • This is PCX Aerosystems’ 1st transaction in the United States.
  • This is PCX Aerosystems’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2022-04-11
Target Honematic Machine
Sector Manufacturing
Buyer(s) PCX Aerosystems
Deal Type Add-on Acquisition

Target

Honematic Machine

Boylston, Massachusetts, United States
Honematic Machine is a manufacturer of precision deep-bored, turned and honed components, with specialized assembly and testing capabilities. Honematic Machine was founded in 1956 and is based in Boylston, Massachusetts.

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Buyer(S) 1

Buyer

PCX Aerosystems

Newington, Connecticut, United States

Category Company
Sector Aerospace
DESCRIPTION

PCX Aerosystems is a provider of an engineered, precision, flight-critical assemblies for rotorcraft and fixed wing aerospace platforms. PCX focuses on producing complex parts machined from alloys such as aluminum, magnesium, titanium, and steel - where tight tolerances and quality are imperative. PCX Aerosystems is based in Newington, Connecticut.


DEAL STATS #
Overall 1 of 2
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Massachusetts) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-02 NuSpace

Long Beach, California, United States

NuSpace is a designer and manufacturer of satellite propellant tanks, domes, and ancillary space products. NuSpace also refurbishes the AWACS rotodome bearing assembly exclusively for the U.S. Air Force and NATO. NuSpace was founded in 1907 and is based in Long Beach, California.

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