G.S. Precision (GSP) last Friday said it has acquired SMC Aerospace, a manufacturer of high-precision components and specialty hardware used in aerospace engines and military aircraft, marking the company’s first acquisition since it was acquired in March 2020 by the private equity firm AE Industrial Partners
.
Terms of the deal were not disclosed.
SMC, which is based in New Hampshire and operates from two locations in the state, manufactures highly engineered tubes and machine components, and also has capabilities in welding and brazing.
“SMC Aerospace is a perfect fit with G.S. Precision, both in terms of corporate culture and its complex tube manufacturing capabilities,” Matt O’Connell, CEO of GSP, said in a statement. “The acquisition of SMC extends our reach within the aerospace industry at a time when demand for these capabilities is only going to increase, enabling us to better serve our customers’ needs.”
SMC is based in New Hampshire. Mark McCarthy, the company’s CEO, will remain with SMC and help integrate the business into GSP. Some of SMC’s customers include MTU Aero Engines, Titeflex Aerospace, Barnes Aerospace, Tinker Air Force Base, General Electric [GE] Aircraft Engines and Unison.