Cronus Partners acquires aerospace company

Cronus Partners LLC has announced that it acted as financial advisor to the owners of Kelly Aerospace, an MRO/PMA business, in its acquisition of 100% of the stock of Aerokool Aviation Corporation, an MRO and manufacturing center, the company said.

Headquartered in Montgomery, Alabama, Kelly Aerospace manufactures and overhauls aircraft ignition systems, ignition leads, harnesses, and replacement parts for general aviation and military customers. See

Established in 1959 and headquartered in Hialeah, Florida, Aerokool Aviation is a global MRO provider of the repair and overhaul of airframe environmental control systems, heat transfer, and oil and fuel pumping system components across most military, commercial, regional, transport, business and rotorcraft platforms. See

Advising on mergers, acquisitions, divestitures, sales, and private placement financings, Cronus Partners is an independent investment banking firm that provides financial advisory and other investment banking services. Winner of the New York Association for Corporate Growth´s Boutique Investment Bank of the Year Award, the firm has significant experience in advising both public and private companies that can benefit from middle-market transactions. To learn more, visit and follow us on LinkedIn.