AE Industrial Partners announced the acquisition of Powder Alloy Corp (PAC), a producer of highly-engineered metallic, ceramic, and thermal spray powders used in mission-critical surface and joining applications. The deal establishes a specialty materials platform for the private equity firm.

Formed in 1973, PAC produces specialized powders used across both OEM and aftermarket applications in the aerospace and gas turbine sectors, among others. The company's advanced materials serve essential functions in high-performance industrial environments.

With the specialized manufacturer acquisition, AE Industrial has established a specialty materials platform, expanding its portfolio in advanced materials for critical industrial applications. The transaction underscores continued private equity interest in niche manufacturing and engineered materials businesses.