FDH Aero Closes Acquisition of Calco Aerospace.
MANews-(C)2009-2022
US-based aerospace hardware, replacement parts, electronic components, and chemicals distributor FDH Aero has acquired US-based military and commercial aerospace supply chain partner Calco Industries, LLC from founders Charlie and Lisa Gralapp.
FDH said the acquisition strengthens its position in the military rotorcraft supply chain and presents an opportunity to accelerate growth with new and existing customers as a complement to FDH's existing military rotorcraft exposure.
Fort Worth based Calco is a supply chain partner to OEMs in the military and commercial aerospace markets.
Calco operations will continue to be led by Daniel, Charlie, and Lisa Gralapp, with support from the global FDH organization.
Calco Aerospace is FDH's eleventh acquisition, and ninth completed since Audax Private Equity invested in the company in 2017.
Holland and Knight and Kirkland and Ellis served as legal advisors to FDH on the transaction.
Duff and Phelps served as financial advisor...
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