Houlihan Lokey Advises MagSeal

Houlihan Lokey is pleased to announce that Magnetic Seal Corp. (MagSeal) has been acquired by Ducommun Incorporated (NYSE:DCO). The transaction closed on December 16, 2021.

For over 60 years, Magnetic Seal Corp. (MagSeal) has been a leading global provider of high-impact, military proven magnetic seals for critical aerospace and defense applications. The company specializes in the design and manufacture of its proprietary MagSeal, which is engineered to outperform in high speed, high vibration, and high altitude conditions as a superior replacement to other ancillary sealing solutions. MagSeal is entrenched on more than 50 aircraft programs, supplies every branch of the U.S. military, and sells into more than 20 countries worldwide.

Ducommun Incorporated delivers value-added innovative manufacturing solutions to customers in the aerospace, defense, and industrial markets. Founded in 1849, the company specializes in two core areas—electronic systems and structural systems—to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications.

Houlihan Lokey served as the exclusive financial advisor to MagSeal. Houlihan Lokey’s Aerospace, Defense & Government (ADG) practice within the global Industrials Group is a leading M&A advisor to aerospace, defense, and government services companies. Since 2020, the team has closed more than 57 transactions worth over $11 billion in enterprise value. With a staff of approximately 32 investment bankers in Washington, D.C., London, and Los Angeles, Houlihan Lokey’s ADG practice is among the largest dedicated industry banking groups worldwide. In 2020, the Industrials Group was once again ranked as the No. 1 M&A advisor for all U.S. industrial transactions, according to Refinitiv.

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