On December 20, 2021, AE Industrial Partners, LP ("AEI"), a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, through its portfolio company Triman Industries ("Triman" or the "Company") completed the acquisition of Crestwood Technology Group ("CTG").
The Aerospace Defense and Government Services M&A practice of Kroll Corporate Finance served as exclusive financial advisor to CTG in connection with the transaction.
About Crestwood Technology Group
CTG, based in Yonkers, New York, provides supply chain solutions designed to keep fleets and systems operational, ready and safe by supplying parts, materiel and obsolescence management solutions to the Department of Defense, commercial airlines, MRO providers and OEMs. It specializes in sourcing obsolete and hard-to-find parts across a broad range of air, ground, sea, cyber and space domains, while meeting the cost, schedule and performance goals of its customers. CTG is also recognized as a leader in counterfeit avoidance testing and inspection and is the first to earn AC7402 CAAP (Counterfeit Avoidance Accreditation Program) certification, which is recognized by customers and the industry as the highest quality management and inspection standard for suppliers and distributors. Kudman Trachten Aloe Posner LLP served as legal counsel to CTG.
About Triman Industries
Triman, based in West Berlin, NJ, is a premier provider of distribution, supply chain and repair management solutions to the military aftermarket. Triman represents a growing list of over 65 OEM partners and serves as the critical link between highly engineered systems and components and the military end user, providing a full suite of value-added services including inspection & testing, warehousing, packaging, contract administration, sales & business development, export management, repair management and engineering. Akerman LLP and Kirkland & Ellis LLP served as legal counsels to AEI and Triman.
About AE Industrial Partners
AE Industrial Partners is a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from our deep industry knowledge, operating experience, and relationships throughout our target markets. AE Industrial Partners is a signatory to the United Nations Principles for Responsible Investment and the ILPA Diversity in Action initiative.
Steven Moon
Deputy Head of U.S. M&A Advisory and Co-Head of Global ADG M&A Advisory
Los Angeles
