Belcan Sold To Private Equity Firm AEI

Cincinnati-headquartered Belcan, which specialises in engineering services for the aerospace sector including MRO, has been bought by private equity firm AE Industrial Partners (AEI) for an undisclosed figure.

Cincinnati-headquartered Belcan, which specialises in engineering services for the aerospace sector including MRO, has been bought by private equity firm AE Industrial Partners (AEI) for an undisclosed figure.

The acquisition, which doesn’t include the firm’s technical staffing subsidiary BelFlex Staffing Network, is expected to be completed by Q3 2015.

David Rowe, a managing partner of AEI, said the firm will now work with Belcan’s senior management on “a number of exciting growth opportunities”.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish