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September 8, 2024
PI Global Investments
Private Equity

AE Industrial Partners Closes Fund III, at $1.28 Billion


AE Industrial Partners, a Boca Reton, FL-based private equity firm specializing in national security, aerospace and industrial services, announced the close of its third flagship private equity fund, AE Industrial Partners Fund III, LP, with total capital commitments of $1.28 Billion.

Commitments to Fund III came from a diverse mix of institutional investors in the U.S. and around the world, including endowments, charitable foundations, public and corporate pensions, financial institutions, funds of funds, family offices, and sovereign wealth funds.

Fund III will make control investments in the critical “toll gates” across the aerospace and defense supply chains and support key industry suppliers as they scale up production to meet ongoing and increased demand from their respective end markets.

To date, AEI has deployed more than a quarter of Fund III into five platforms and three add-on investments. These included:

  • York Space Systems: An independent provider of small satellites, satellite components, and turnkey mission operations.
  • RedLattice: A pure-play cyber technology company providing full spectrum cyber capabilities for customers in the U.S. national security, defense, and commercial communities.
  • Firefly Aerospace: An emerging leader in economical launch vehicles, spacecraft, and in-space services.
  • Yingling Aviation: A provider of maintenance, repair, and overhaul (“MRO”) and fixed-base operator (“FBO”) services to business aviation and government customers throughout the United States.
  • Calca Solutions: A proprietarily sourced specialty chemicals business that sits within several of AEI’s target markets, including specialty industrial, space, aerospace, and defense.

AE Industrial Partners is a private investment firm with $6.2 Billion of assets under management focused on highly specialized markets including national security, aerospace and industrial services. It has completed more than 130 investments in companies that benefit from its deep industry knowledge, operating experience, and network of relationships across the sectors where the firm invests.

FinSMEs

10/07/2024



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