Triman Industries, a portfolio company of AE Industrial Partners private equity, has acquired Brighton Cromwell, a technology-enabled supply chain integrator, and Crestwood Technology Group, a supply chain services provider.
The deal is intended to create a business combination resulting in a military aftermarket supply chain management platform with scale, reach and a value proposition for U.S. and international military customers as well as OEM partners. The combined firm will focus on supply chain management services like distribution, program management, kitting & logistics, obsolescence management, counterfeit avoidance, engineering and repair services.
The firm will have over 10 offices, 120,000 feet of facility space, 200 employees and combined scale, expertise, reach and resources to support a large customer base of military clients and OEMs.
“The military aftermarket is large and complex and requires best-in-class supply chain management solutions to ensure high levels of performance and operational readiness,” said Jon Nemo, Senior Partner at AEI. “We are excited to combine these three great businesses to create a truly differentiated leader in the military aftermarket.”
Rothschild served as the financing advisor and Akerman LLP and Kirkland & Ellis LLP served as legal counsels for AEI and Triman. Duff and Phelps served as the exclusive financial advisor and Kudman Trachten Aloe Posner LLP served as legal counsel for CTG. Fairmount Partners served as the exclusive financial advisor and Blank Rome LLP served as legal counsel for Brighton Cromwell.