In December 2019, Arlington Capital Partners (“Arlington Capital”), a Washington, D.C.-based private equity firm and Forged Solutions Group announced the acquisition of four UK forging assets ("the Company").
The Company, headquartered in Sheffield, is a leading provider of complex closed die forgings and forged discs and proprietary forward and backward extrusion produced shafts and cylinders, primarily for OEM and tier 1 aerospace and defence engine customers. The Company possesses proprietary and difficult to replicate manufacturing capabilities across forging, machining and supply chain services such as heat treatment, finishing and testing. The acquisition represents Arlington Capital's second transaction within the aerospace forging sector in recent weeks and highly complements the operations of Doncasters Group's Blaenavon forging business, acquired in November 2019.
Duff & Phelps' Aerospace, Defence and Government (ADG) Services M&A practice served as the exclusive M&A buy-side and financing advisor to Arlington Capital in connection with both transactions.
Dafydd Evans, Managing Director at Duff & Phelps, said: "We are delighted to have advised Arlington Capital and Forged Solutions Group on the acquisition. The Company is a leading provider of high strength forgings to the global aerospace, defence and industrial sectors. Now combined with the Blaenavon forging business (formerly a part of Doncasters Group), Arlington Capital has created a platform of scale with unrivaled capabilities. The transaction highlights our strength as one of the leading M&A and debt advisors within the aerospace and defence sector globally and showcases our expertise in executing cross-border transactions and strategies for our clients."
About Arlington Capital Partners
Arlington Capital is a Washington, D.C.-based private equity firm that is currently investing out of Arlington Capital Partners V, L.P., a $1.7 billion fund. The firm has managed approximately $4.0 billion of committed capital via five investment funds. Arlington Capital is focused on middle market investment opportunities in growth industries including aerospace and defence, government services and technology, healthcare, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington Capital to be a value-added investor. Arlington Capital invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field.
About Forged Solutions Group
Forged Solutions Group provides high integrity forgings for the world’s most demanding applications. From aerospace and energy production, to underground mining and off-highway vehicles, the company has forged solutions for advanced manufacturing industries for more than 100 years. Across established sites in the UK and in areas renowned for excellence in complex metal working, Forged Solutions Group manufactures shafts, rings, discs, asymmetric forgings and extruded cylinders in a range of titanium, nickel, and steel alloys. The company serves a global blue-chip customer base as a trusted, high-quality turnkey supplier known for unique forging capability and ingenuity. Its highly skilled teams provide comprehensive design-for-manufacturing assistance. Combined with advanced forging capabilities, co-located with heat treatment, machining and a world-class materials testing and certification lab, Forged Solutions Group provides an integrated solution; from billet to finished, tested forging.
Dafydd Evans
Managing Director
Mergers and Acquisitions (M&A) Advisory
London
