Press Release PCX
MANSFIELD, TEXAS — Seale & Associates, Inc. announced that it acted as exclusive financial advisor to RFE Investment Partners on the sale of the Texas Precision Machining Business (PCX Texas) of portfolio company PCX Aerosystems to an affiliate of Harlow Aerostructures LLC. PCX Texas, based in Mansfield, Texas, offers large structural airframe parts and assemblies to premier aerospace OEMs and Tier 1 suppliers on a range of commercial and military platforms.
“We are pleased to have had the opportunity to advise the RFE and PCX teams on this transaction and to help them achieve an exceptional outcome,” said Robert Whitney, Managing Director.
PCX Aerosystems, headquartered in Newington, Connecticut, is a premier supplier of advanced mechanical systems for leading aerospace OEM’s. The company specializes in the manufacture of highly-engineered products and assemblies from hard alloys, including steel, titanium, and Inconel, where tight tolerances and quality are imperative. PCX also provides integrated special processing services such as heat treating, painting, and non-destructive testing.
Harlow Aerostructures LLC, located in Wichita, Kansas, has been a supplier to the aerospace industry since 1954. With a wide range of aerospace manufacturing capabilities, it produces components from large bulkheads, spars, chords, stringers, to small bushings, bolts, pins and bearings. The company has developed prototypes for several aircraft throttle quadrants and monolithic structural components.
Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information, please visit www.sealeassociates.com.