Arcline Investment Management (\u201cArcline\u201d), a growth-oriented\nprivate equity firm, today announced that it has signed a definitive agreement\nto acquire Hartzell Aviation (\u201cHartzell\u201d or the \u201cCompany\u201d) from Tailwind\nTechnologies.<\/p>\n\n\n\n
Hartzell designs and manufactures proprietary aircraft\nsubsystems and aftermarket components. The Company operates two complementary\nbusiness units: Hartzell Propeller and Hartzell Engine Tech. Hartzell Propeller\nis a global leader in the design and manufacture of high-performance propeller\nsystems, components, and related accessories. Hartzell Engine Tech is a leading\ndesigner, manufacturer, and supplier of aircraft engine accessories and\nadjacent products, including turbochargers, alternators, starters, starter\nadapters, fuel pumps, magnetos, cabin heaters, exhaust systems, and engine\nmounts.<\/p>\n\n\n\n
Arcline commented, \u201cAs investors exclusively focused on\nCritical Suppliers to Critical Industries, Hartzell\u2019s portfolio of\nflight-critical propeller and engine subsystems for a large and long-lived\ninstalled base fits perfectly with Arcline\u2019s strategy. We are excited to\npartner with the Hartzell team to carry on its legacy generated over the past\n100 years and facilitate the Company\u2019s next phase of growth.\u201d<\/p>\n\n\n\n
\u201cOur family has been blessed to be the stewards of Hartzell\nAviation for 37 years. As we look to the future, we believe Arcline fully\nembraces our core value \u2013 Built on Honor \u2013 and will bring the skills and\nresources to build on over a century of excellence and innovation,\u201d said Jim\nBrown, President of Hartzell Aviation.<\/p>\n\n\n\n
BMO Capital Markets served as financial advisor to Arcline\nin connection with the transaction. RBC Capital Markets, LLC served as\nfinancial advisor to Tailwind Technologies.<\/p>\n","protected":false},"excerpt":{"rendered":"
Arcline Investment Management (\u201cArcline\u201d), a growth-oriented private equity firm, today announced that it has signed a definitive agreement to acquire Hartzell Aviation (\u201cHartzell\u201d or the \u201cCompany\u201d) from Tailwind Technologies. Hartzell designs and manufactures proprietary aircraft subsystems and aftermarket components. The Company operates two complementary business units: Hartzell Propeller and Hartzell Engine Tech. Hartzell Propeller is […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114,90,55],"tags":[],"class_list":["post-26892","post","type-post","status-publish","format-standard","hentry","category-international-news","category-news-release","category-ohio"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/26892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=26892"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/26892\/revisions"}],"predecessor-version":[{"id":26893,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/26892\/revisions\/26893"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=26892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=26892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=26892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}