United Flexible Inc, which is backed by Arlington Capital Partners, has acquired Laconia, New Hampshire-based Scotia Technology, a maker of precision fixed tubular components for the aerospace and defense sectors. No financial terms were disclosed.
WASHINGTON, D.C.–(BUSINESS WIRE)–United Flexible, Inc. (“United Flexible”), a portfolio company of Arlington Capital Partners announced the acquisition of Scotia Technology (“Scotia” or the “Company”). Headquartered in Laconia, NH, Scotia is a leading designer and manufacturer of small-diameter precision fixed tubular components for the aerospace and defense industries primarily to transfer fuel, oil, air, water, and hydraulic fluids. The agreement to acquire Scotia will expand the commercial aerospace and defense precision fixed tube product offerings of Kreisler Manufacturing, United Flexible’s most recent acquisition, and it will advance United Flexible’s strategy of becoming the preeminent designer and manufacturer of high pressure and high temperature gas and fluid conduits into mission critical systems for OEMs.
The combined company will have approximately 720 employees.
John Devine, CEO of United Flexible noted, “With the addition of Scotia’s deep customer relationships and sole source position on marquee, next generation aerospace platforms, United Flexible will further entrench its position as a leading supplier to the aerospace manufacturing community. We look forward to capitalizing on Scotia’s vast growth potential and stellar reputation among its customer base.”
Dave Bonisteel, Scotia’s Chief Executive Officer, commented, “We are excited to join the United Flexible team and look forward to benefiting from the many areas for continued growth and expansion. United Flexible’s existing expertise in manufacturing flexible conduits pairs nicely with Scotia’s focus on fixed precision components and will allow Scotia to gain market share within its existing customer base. This transaction will provide us with additional resources to expand our service offering and continue to capitalize on the growth in the aerospace and defense industry.”
Peter Manos, a Managing Partner at Arlington Capital Partners commented, “We are excited to build upon our acquisition strategy with the addition of Scotia to the United Flexible platform. With Scotia’s entrenched position among its customer base, United Flexible will offer one of the broadest high pressure and high temperature precision conduit offerings to next generation aerospace manufacturers.”
Daniel Di Piazza of Arlington Capital Partners said, “The acquisition of Scotia provides United Flexible’s fixed tube division with best-in-class capabilities for manufacturing small diameter tube assemblies, which further complements our existing capabilities in higher-complexity tubing and ducting engine components. Scotia’s proprietary quality system has enabled it to earn near-perfect quality scores with each of its customers, providing access to several deep customer relationships with airframe and engine OEMs.”
About United Flexible
Headquartered in Romeoville, Illinois, United Flexible is a global leader in the design, development, manufacture and support of performance critical engineered solutions for the transfer of fluids and gases in extreme environments. The Company is a proactive partner to OEMs and distributors, operating in several attractive end-markets including aerospace/defense, satellite, power generation, general industrial, oil/gas, cooling and transportation. United Flexible Group has manufacturing operations in Romeoville, Illinois; Houston, Texas; Knoxville, Tennessee; Elmwood Park, New Jersey; Laconia, New Hampshire; Merthyr Tydfil, Wales, UK; Stockholm, Sweden; and Rotterdam, the Netherlands.
About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C.-area private equity firm that has managed $2.2 billion of committed capital via four investment funds, including Arlington’s fourth and most recent $700 million fund. Arlington is focused on middle market investment opportunities in growth industries including: aerospace/defense, 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 enables Arlington to be a value-added investor. Arlington 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. www.arlingtoncap.com