TRM Equity Acquires Assets of Gamma Aerospace, LLC
MANSFIELD, Texas, March 3, 2023 /PRNewswire/ — TRM Equity II (“TRM”) has acquired substantially all of the assets of Gamma Aerospace, LLC (“Gamma”). With three production facilities, including its headquarters in Mansfield, TX, assembly location in southern California and machining location in Mexicali, Gamma is a leading manufacturer of multi-contoured formed and multi-axis machined parts serving Aerospace and Defense. The transaction was completed on March 2, 2023. Gamma employs over 200 people.
Jeff Stone, Managing Director for TRM, commented: “Gamma has been entrusted by the Defense Industry Primes and commercial OEMs with responsibilities to provide critical components on high-profile programs for years. These customers have supported our efforts to move the business forward from a very challenging operating environment caused by a combination of uncertain demand during the COVID pandemic, labor market tightness and supply chain dislocations during the rebound from COVID, as well as ongoing aggressive inflationary pressure. As we move forward, Gamma will be a stable and predictable performer for our customers while the industry continues to navigate ongoing supply chain challenges.”
About TRM Equity
TRM Equity is a private equity firm that seeks controlling investments in situations where the experience of our team can assist companies with operational improvement or transformation. The Firm’s core team has worked and invested together for approximately 20 years, applying a consistent approach in targeted manufacturing industries, and has a demonstrated track record of above-market returns.
Media Contact
Jeffrey A. Stone
Managing Director
[email protected]
(800) 817-4152
Robert Sylvester
Managing Director
[email protected]
(800) 817-4152
View original content to download multimedia:https://www.prnewswire.com/news-releases/trm-equity-acquires-assets-of-gamma-aerospace-llc-301762449.html
SOURCE TRM Equity
Private Internet Access gives you unparalleled access to thousands
of next-gen servers in over 83 countries and each US state. Your
VPN experience will always be fast, smooth, and reliable.
