Aerospace parts maker Imaginetics LLC, backed by PE firms Kidd & Co. and Centerfield Capital Partners, is buying industry counterpart Azmark Aerosystems LLC.
Azmark, based Gilbert, Arizona, makes metal parts for clients that include Boeing Co. (NYSE: BA) Honeywell International Inc. (NYSE: Hon) and Raytheon Co. (NYSE: RTN). The company was formed in 2010 through the merger of Astrotronics LLC and M-DOT Aerospace. Imaginetics makes sheet metals for airplanes. Kidd and Centerfield acquired Imaginetics in 2013