ADG Mergers and Acquisitions Q2 2013 Report - page 28

27
Second Quarter 2013
Announced
Closed
Closed
May 6, 2013
May 6, 2013
May 7, 2013
Notes
Notes
Notes
HEICO entered into a definitive
agreement to acquire Reinhold
Industries from The Jordan
Company. Reinhold is a California
based manufacturer of advanced
custom composite components and
sheet molding compounds for
aerospace, defense, and space
applications. Since acquiring
Reinhold in 2007, The Jordan
Company made two bolt on
acquisitions. Reinhold will become
part of HEICO’s Flight Support
Group subsidiary.
The board of directors of Flight
Research, Inc. (FRI) acquired
100% ownership from prior owners
Sean and Nadia Roberts. FRI, a
California provider of test aircraft
with comprehensive test flight
expertise, maintains a large fleet of
instrumented aircraft ranging from
single engine reciprocating aircraft
to supersonic fighters and
helicopters. Transaction terms
were not disclosed.
GA Telesis acquired parts of
Finnair Engine Services (FES). GA
Telesis will employ 80 engine
service professionals from Finnair’s
existing workforce. The deal
involved a sale of assets and
transfer of personnel to GA Telesis’
wholly owned subsidiary GA
Telesis Engine Services Oy
(GATES). GATES simultaneously
executed a long-term lease on all
of Finnair’s engine maintenance
and test cell facilities.
will acquire
has acquired
has acquired parts of
Board of Directors
Engine Services
Announced M&A Transactions
(Aerospace)
Source: Capital IQ and InfoBase as of 06/28/13
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