Houlihan Lokey Advises Precise Aerospace
Houlihan Lokey is pleased to announce that Precise Aerospace Manufacturing Inc. (Precise Aerospace) has been acquired by Pexco LLC (Pexco), a portfolio company of Odyssey Investment Partners (Odyssey). Houlihan Lokey served as the exclusive financial advisor to Precise Aerospace.
Based in Yorba Linda, California, Precise Aerospace is a leading supplier of injection, compression, and thermoplastics solutions for aerospace and defense markets. The company services OEMs and Tier I suppliers for critical systems, including engines, flight controls, and aircraft interiors.
Based in Atlanta, with multiple plants across North America, Pexco is a leader in the design and fabrication of engineered plastic components. It provides standard and specialty parts and components to manufacturers and end users for a broad range of custom applications, including the specialty industrial, fluid handling, aerospace, life science, traffic safety, lighting, fence, and electrical insulation industries. Pexco offers a full range of custom design, engineering, and fabrication services, with ISO 9001:2015 registration across its manufacturing operations.
Odyssey is a leading private equity investment firm with a 25+ year history of partnering with skilled managers and using its buy, build, and integrate approach to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey makes majority-controlled investments in industrial and business services sectors with a long-term positive outlook and favorable secular trends.
Houlihan Lokey served as the exclusive financial advisor to Precise Aerospace and assisted in structuring and negotiating the transaction on behalf of the company. Houlihan Lokey’s Aerospace, Defense & Government practice is a leading M&A advisor, having closed more than 70 transactions worth more than $12 billion in enterprise value since 2020. With a staff of approximately 20 financial professionals, Houlihan Lokey’s Aerospace, Defense & Government practice is among the largest dedicated industry banking teams worldwide. In 2023, Houlihan Lokey’s Industrials Group was ranked as the No. 1 M&A advisor for global industrials transactions under $1 billion, according to LSEG (formerly Refinitiv).*
*Excludes accounting firms and brokers.
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