KAL Capital Markets Announces Kemco Aerospace Manufacturing Acquisition

LONG BEACH, Calif., Sept. 28: KAL Capital Markets ("KAL") is pleased to announce its role as sell-side investment banking advisor to Kemco Aerospace Manufacturing ("Kemco" or the "Company"), which has been acquired by Crestview Aerospace ("Crestview"), a portfolio company of American Industrial Partners. Kemco is a manufacturer of complex machine components and assemblies of varying complexity from wide-range of materials including aluminum, titanium and other exotic metals. The Company has established long-standing relationships with aerospace and defense OEMs including Bell, Boeing and Lockheed Martin. Headquartered in St. Louis, MO, Kemco is housed across two state-of-the-art facilities totaling 90,000 square feet. "Our clients at Kemco have built an exceptional business that was truly a best-in-class defense-focused machining business," commented Trevor Bohn, Partner at KAL Capital. "The business was well invested, had exceptional financial controls and content on a variety of well-funded DoD programs. We are exceptionally proud to be a small part of the Kemco story of success." "For KAL Capital, this transaction represents our third A&D precision machining and fabrication M&A transaction over the past twelve months. We have developed a strong track-record of robust sell-side processes and exceptional outcomes within the aerospace and defense machining industry and look forward to continuing that momentum," said Ryan Murphy, Partner at KAL Capital.

Comments

Post a Comment

Popular posts from this blog

The Conference Board Consumer Confidence Index® Surged in March

NEW YORK, March 30: The Conference Board Consumer Confidence Index® surged in March to its highest reading in a year, after a modest increase in February. The Index now stands at 109.7 (1985=100), up from 90.4 in February. The Present Situation Index—based on consumers' assessment of current business and labor market conditions—climbed from 89.6 to 110.0. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—also improved, from 90.9 last month to 109.6 in March. The monthly Consumer Confidence Survey®, based on a probability-design random sample, is conducted for The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch. The cutoff date for the preliminary results was March 19. "Consumer Confidence increased to its highest level since the onset of the pandemic in March 2020," said Lynn Franco, Senior Director of Economic Indicators at The C...
variednewsandviews.blogspot.com

APWG REPORT: Phishing Assaults Double in 2020 and October Breakd All-Time Monthly Records

CAMBRIDGE, Mass., Feb. 9: The APWG's new Phishing Activity Trends Report shows that the number of phishing assaults witnessed by APWG members increased during 2020, wholly doubling over the course of the year. Attacks topped in October 2020, with a high of 225,304 new phishing sites appearing in that month alone, breaking all earlier monthly records. In Brazil, security firm Axur saw a slower growth in the number of phishing attacks that targeted Brazilian companies and consumers in Brazil. But overall, Axur observed almost twice as many such phishing sites in 2020 as it did in 2019, a concerning year-over-year growth. APWG contributor OpSec Security found that phishing that targeted financial institutions was the largest category of phishing in the fourth quarter, at 22.5 percent of all attacks. This category nosed out webmail and Software-as-a-Service (SaaS), which experienced 22.2 percent of all attacks. Phishing against the social media sector declined slightly to 11.8...
variednewsandviews.blogspot.com

Silipos Commences Active Range of Foot Care Products: New Products Offer Foot Comfort and Guard from Active Routines

NIAGARA FALLS, N.Y., March 2: Silipos, the worldwide frontrunner in gel knowhow, recently launched Silipos Active, a novel line of foot support products aimed to avert as well as alleviate pain linked to a range of prevalent sicknesses. Created with sportspersons as well as weekend combatants in mind, the Silipos Active range comprises 16 diverse products that aid avert as well as remedy a range of problems for example corns, calluses, ingrown toenails, blisters, bunions, Achilles tendonitis, bursitis, sprains, as well as common foot discomfort. "The launch of Silipos Active reinforces our mission to continually deliver innovative products that prevent injury and help people recover faster so they can stay active and get back to doing what they are most passionate about," revealed the president of Silipos, Josh Margolis, adding, "It's exciting to see the initial interest in Silipos Active from consumers and retailers, and we're confident this line o...
variednewsandviews.blogspot.com