BlackArch Partners Advises Berkley Capital on Sale of Aero Precision Industries to Odyssey Investment Partners

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BlackArch Partners is pleased to announce the sale of Aero Precision Industries LLC to a fund managed by Odyssey Investment Partners, LLC. API and its related aviation services businesses were subsidiaries of Greenwich AeroGroup, Inc., which is a portfolio company of Berkley Capital, LLC.

BlackArch Partners Advises Berkley Capital on Sale of Aero Precision Industrie

BlackArch Partners (“BlackArch”) is pleased to announce the sale of Aero Precision Industries LLC (“API” or the “Company”) to a fund managed by Odyssey Investment Partners, LLC. API and its related aviation services businesses were subsidiaries of Greenwich AeroGroup, Inc., which is a portfolio company of Berkley Capital, LLC.

API is headquartered in Livermore, CA with additional locations in San Francisco, CA, Austin, TX and Japan. The Company is a leading distributor of military and commercial aerospace and MRO services to a diverse global customer base. API has longstanding partnerships with leading OEMs to provide customers with access to a broad range of mission-critical, difficult-to-source parts and equipment. The Company also provides complementary value-added services including management of parts repair, overhaul, upgrades, quality assurance, compliance, design-in engineering and after-sales support.

Frank Cowle, President of API, commented: “It was a pleasure working with the BlackArch Team. The team's ability to grasp the value proposition of Aero Precision and their work behind the scenes made our job a lot easier. Their knowledge of the market and getting the right people in front of us were key to the success of the deal.”

BlackArch was retained by Berkley Capital as its exclusive financial advisor. The transaction continues BlackArch’s strong momentum in the aerospace, defense & government services (“ADGS”) and Distribution sectors and is representative of the firm’s focus on providing unique M&A advisory services to market-leading and sponsor-backed growth businesses.

About Berkley Capital

Berkley Capital, LLC is the private equity investment vehicle of W. R. Berkley Corporation, a Fortune 500 property and casualty insurance company. Berkley Capital is a leading middle-market private equity investor that has successfully partnered with numerous companies in the financial, healthcare, aviation and business services sectors.

About Greenwich AeroGroup

Greenwich AeroGroup operates a network of aviation services companies that seek to leverage their collective relationships and competencies. The company has extensive capabilities globally and provides a full range of aviation services, including MRO, CRO, parts distribution and manufacturing services for business, commercial and military aircraft.

About Odyssey Investment Partners

Based in New York and California, Odyssey Investment Partners is a private equity firm that invests in middle market operating companies with EBITDA of generally between $20 million and $100 million. The firm focuses on partnering with skilled managers of leading platforms in fragmented markets to support future growth plans. Odyssey has raised over $5.0 billion of private equity capital since inception, investing in over 40 platform companies and over 125 add-on acquisitions. Odyssey is currently investing out of its fifth fund, a $2.0 billion vehicle raised in 2014.

About BlackArch Partners

BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of owner-operators, founders and shareholders of private companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, NC, with offices in Houston, TX, BlackArch features a total of 8 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 350 transactions in 16 countries on four continents. Please visit our website, http://www.blackarchpartners.com, for more details.

Securities offered through BlackArch Securities LLC. Member FINRA and SIPC. Testimonials may not be representative of the experience of all clients. Testimonials are not a guarantee of future performance or success.

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Kelly Bentubo