JW Hill Capital acquires two organizations from Avantus Aerospace.
Private Equity firm, JW Hill Capital, has announced the acquisition of Performance Plastics, Inc. and Angeles Composites Technologies, Inc.
Performance Plastics, Inc. is a manufacturer of precision-engineered composite aerostructure components for military and commercial OEMS. Angeles Composites Technologies, Inc is a manufacturer of structural composite assemblies and components for commercial aviation.
“The PPI team is excited to begin a new chapter as part of JW Hill Capital,” said Jim Renaud, president at PPI.
“We are excited about partnering with Jim, Michael, and their teams to build on the legacies of ACTI and PPI,” added John Hill, managing partner JW Hill Capital. “”These acquisitions diversify our aerospace portfolio into the growing composite aerostructure segment.”