J&M Machine, LLC, a machined metallic parts and assemblies company for the aerospace industry, has been acquired by Liberty Hall Capital Partners and will be integrated as the fourth supplier into Accurus Aerospace Corporation, a division of LaCroix Industries, the company said.
Founded in 2001, and owned by Marjorie Langton, LaCroix supplies several Boeing commercial aerospace platforms, including the 737, 777 and 787. In addition to expanding Accurus´s content on these key aircraft platforms, J&M further diversifies Accurus´s customer mix and expands Accurus´s geographic presence in the Pacific Northwest, a core aerospace supply region in the United States.
Accurus was formed by Liberty Hall in 2013 and, since its formation, has completed three strategic acquisitions: Precise Machining & Manufacturing (2013), McCann Aerospace Machining (2014) and LaCroix Industries (2015).
Liberty Hall Capital Partners is a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry. Liberty Hall´s principals have led the investment of USD2.2 billion in equity capital in businesses serving multiple segments of the aerospace and defense industry and complementary industrial markets.
Accurus Aerospace Corporation is a Tier II supplier of engineered machined parts, kits and assemblies and processing services to the global aerospace and defense industry on aircraft platforms.