Houlihan Lokey Advises EnCore Composite Structures

Houlihan Lokey is pleased to announce that EnCore Composite Structures (ECS) has been acquired by AC&A, a portfolio company of AE Industrial Partners. The transaction closed on December 21, 2017.

ECS is a leading designer and manufacturer of complex composite components and assemblies for the aerospace industry. Based in Brea, California, ECS is widely recognized as a key supplier of advanced composite solutions for airframes, auxiliary power units, nacelle structures, and wings, with expanding content on high-growth aerospace programs including the A320, A350, B737 MAX, and B787, as well as several military aircraft, such as the V-22.

Based in Lake Forest, California, AC&A is a leading provider of composite and metallic parts and tooling to the aerospace, defense, space, and specialty automobile markets with advanced carbon composite capabilities. AC&A is highly proficient in both tool generation and component part manufacturing for its core markets as well as emerging, high-growth end markets such as space and unmanned aerial vehicles. AC&A is a portfolio company of AE Industrial Partners, a private equity investor specializing in aerospace, power generation, and specialty industrial companies.

Houlihan Lokey's Aerospace•Defense•Government (ADG) Group is the leading M&A advisor to aerospace, defense, government services, and homeland security companies. Since 2015, we have closed more than 55 transactions totaling over $10 billion in enterprise value. With a staff of approximately 30 investment bankers in Washington, D.C., and Los Angeles, Houlihan Lokey's ADG Group is among the largest dedicated industry banking groups worldwide.