Stellex Capital Management LLC Acquires RTC Aerospace
Summary
Based outside of Los Angeles, CA, RTC is a leading manufacturer of high-precision, difficult-to-machine components for commercial and military aircraft and varied aerospace and defense applications. To further drive RTC’s next chapter of growth, Stellex is partnering with Dave Herr, a seasoned aerospace and defense executive with more than 30 years of experience with GE Aircraft Engines and BAE Systems. We’ve carefully built a strong culture of collaboration with customers and a focus on delivery and quality excellence, and we believe the Company is ready to grow to the next level,” commented Mr. Hart. RTC is a manufacturer of complex machined components and high-precision parts for military and commercial aircraft, serving a variety of Tier 1 and OEM customers on key platforms with operations in Chatsworth, California, and Fife, Washington. Portfolio companies benefit from Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insight, and access to capital.