Sign In  |  Register  |  About Daly City  |  Contact Us

Daly City, CA
September 01, 2020 1:20pm
7-Day Forecast | Traffic
  • Search Hotels in Daly City

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Arlington Capital Partners Announces Formation of Kinetic Engine Systems via the Acquisitions of Numet, AeroCision and Walbar

Arlington Capital Partners (“Arlington”), a Washington, DC-area private equity firm, today announced the formation of Kinetic Engine Systems (“Kinetic” or the “Company”), a new platform focused on the manufacturing of precision aerospace and defense engine components. The Company was formed through the combination of the engine assets of existing Arlington portfolio company Cadence Aerospace and the newly completed acquisitions of Walbar Engine Components (“Walbar”), Numet Machining Techniques, LLC (“Numet”) and AeroCision, LLC (“AeroCision”).

Kinetic establishes itself as one of the leading independent scaled and diversified manufacturers of ultra-complex aero-engine components for both new build and aftermarket applications. The Company’s broad product set covers all critical parts of the engine, including housings, manifolds, airfoils, blades, vanes, seal segments, cases, rings and other mission-critical components, with a significant focus on difficult-to-manufacture rotating, hot section and high-pressure parts. Kinetic has six centers of excellence located across Massachusetts, Connecticut, Arizona and Mexico, with significant low-cost capabilities.

Peter Manos, a Managing Partner at Arlington Capital Partners, said, “Aerospace engine component manufacturing has been a longstanding investment focus for Arlington, and we are excited to have facilitated the creation of Kinetic as one of the leading suppliers in the sector. Kinetic is strongly positioned as a Tier 1 supplier to all the major aero-engine OEMs and benefits from strategic locations in critical aerospace and defense hubs in both the U.S. and Mexico.”

“The combination of these leading businesses and their corresponding product sets and manufacturing capabilities creates a balanced portfolio across customers, next generation platforms, end-markets and product types,” said Scott Ransley, CEO of Kinetic. “We are now even better equipped to meet the evolving needs of our customers and deliver innovation to the global market with our engineering and new product development capabilities, while maintaining our industry leading quality and delivery metrics. I look forward to introducing our Kinetic brand to the A&D industry and leading our organization forward.”

Bilal Noor, a Principal at Arlington Capital Partners, said, “Each of the individual legacy companies brings with it strong leaders, dedicated employee bases and customer-centric cultures. We are excited to bring these teams together to unlock significant strategic value as well as revenue and operational synergies. We look forward to building upon their past successes and establishing Kinetic as a formidable player in the aerospace and defense industry.”

About Kinetic Engine Systems

Kinetic Engine Systems is a leading Tier 1 supplier of precision aero-engine components directly serving major aero-engine OEMs and other tier 1 suppliers. The Company’s centers of excellence, based in the U.S. and Mexico, produce machined parts, subassemblies, assemblies and repair and overhaul services for the world’s leading manufacturers of engines and related systems. With clearly defined products and services, complementary capabilities, positions on the industry’s leading growth platforms, and a diversified aerospace, commercial and defense portfolio, Kinetic offers outstanding quality and delivery at cost-competitive prices to aerospace and defense companies globally. For more information, visit Kinetic Engine Systems’ website at kineticenginesystems.com.

About Arlington Capital Partners

Arlington Capital Partners is a Washington, DC-area private equity firm that has raised $8 billion in limited partner commitments since inception. Arlington is focused on middle market investment opportunities in growth industries including aerospace & defense, government services and technology, healthcare, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. For more information, visit Arlington Capital’s website at arlingtoncap.com and follow Arlington on Linkedin.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 DalyCity.com & California Media Partners, LLC. All rights reserved.