Angeles Equity Partners Acquires Primus Aerospace
Summary
“The investment in Primus aligns tightly with our firm’s strategy and capabilities, and represents a compelling opportunity to partner with an incredibly talented team to consolidate the fragmented AD&S precision components landscape,” said Sameer Patel, Principal at Angeles. Primus offers focused value-added services, including engineering design support, component manufacturing, assembly and integration, and complete build-to-print program management. The company’s proficiency with exotic and hard metals has enabled it to manufacture high-complexity, tight-tolerance parts and subassemblies for Boeing, General Dynamics, L3Harris, Lockheed Martin, Northrop Grumman, Raytheon, and other leading OEMs. Primus supports programs of the highest priority for national security to include hypersonics, heavy space launch, and low Earth orbit satellite communications (LEO/SATCOM). “After evaluating a large number of potential partners to optimize our business and accelerate our growth, Angeles demonstrated the most thoughtful and collaborative approach to create value for all stakeholders.