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Sold a manufacturer of engine test sells to a financial buyer planning to support management’s organic growth plans.

 

Cleary Gull advises AeroSystems Engineering in its sale to Gen Cap America, Inc.

Cleary Gull Inc. is pleased to announce the sale of AeroSystems Engineering (“AeroSystems”), a portfolio company of Tonka Bay Equity Partners LLC (“Tonka Bay”), to Gen Cap America, Inc. (“Gen Cap”). Cleary Gull acted as exclusive financial advisor to AeroSystems.

AeroSystems (www.aseholdings.com), based in St. Paul, Minnesota, is a leading global provider of testing and engineering services to the aerospace and energy markets. The Company provides services to manufacturers of jet engines and industrial gas turbines, maintenance, repair, and overhaul providers, and governments and militaries.


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