AE Industrial

EQT is raising another mid-market credit fund.

AE Industrial's portfolio company Applied Composites purchased aerospace parts maker San Diego Composites. The PE firm recently made deals for CDI and F.M.I

AEI was recently recognized as one of 10 Young and Thriving PE firms worth watching.

Doosan, One Equity and Wafra Partners also bought similar companies.

The firm remains active following the purchase of airplane service provider Vortex Aviation in June.

Andy Unanue’s grandparents founded Goya Foods, the largest Hispanic-owned company in the U.S.; he launched AUA to invest in companies benefitting from the growth of the U.S. Hispanic population.

In 2016, the backer bought AC&A, Moeller Mfg and raised $680 million to invest in the aircraft industry.