Architect Equity, a California-based private investment firm, has acquired the Florida-based Aerospace Composites Division of AAR Corp, d/b/a Aeromatrix Composites, a provider of composite products and solutions in the aerospace and defense industries, the company said.
Terms of the transaction were not disclosed.
Architect Equity supports Aeromatrix´s growth with financial and operational resources.
Architect Equity is comprised of an integrated team of investors and operators that provide immediate liquidity solutions to public and private business owners.
Aeromatrix Composites is an aerospace and defense composites supplier with capabilities to support complex customer requirements throughout all phases of design, engineering, manufacturing and aftermarket support.
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries.