G.S. Precision, a manufacturer of components and specialty hardware used in aerospace engines, has purchased SMC Aerospace, a components provider for the aerospace industry.
SMC utilizes state-of-the-art machinery and processes to manufacture flight-critical components and operates out of two New Hampshire-based facilities in Laconia. G.S. Precision is a portfolio company of AE Industrial Partners and is a manufacturer of components and specialty hardware used in defense applications. AE Industrial Partners is a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets.
“SMC Aerospace is a perfect fit with G.S. Precision, both in terms of corporate culture and its complex tube manufacturing capabilities,” said Matt O’Connell, CEO of GSP. “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. We welcome Mark and the SMC team.”