Aeromax Group, backed by Chimney Rock Equity Partners, has acquired Loutech, a California-based manufacturer of precision aerospace components. Loutech specializes in tight-tolerance electrical interconnects and fluid connectors for commercial and military markets. The company operates advanced 5-axis and 11-axis CNC machinery and provides kitting and value-added services.
Founded in 1986 and acquired by Mark Schelbert in 2022, Loutech holds AS9100 certification. This marks Aeromax's second acquisition under Chimney Rock's buy-and-build strategy in the aerospace and defense sector. The financial terms of the deal remain undisclosed.
Source: PE Hub · Summarized by HeadlinesBriefing