Commerce, CA-based {hardware}, C-class elements, electrical and electronics merchandise distributor FDH Aero introduced June 8 that it has entered right into a definitive settlement to obtain a majority funding from Bain Capital Personal Fairness, making Bain the aerospace and protection provide chain options supplier’s new majority proprietor.
Audax Personal Fairness, which has been FDH Aero’s majority shareholder since 2017, is predicted to stay a big investor within the firm. Phrases of the transaction weren’t disclosed. The deal is topic to customary regulatory approvals and is predicted to shut within the second half of 2026.
FDH mentioned the partnership will help its subsequent section of progress by way of continued funding within the firm’s capabilities, service mannequin and international attain, together with natural initiatives and strategic acquisitions. FDH will proceed to be led by CEO Ian Walsh and its present administration group.
“This partnership marks an essential and deliberate milestone in our progress plans and displays the power of our individuals, our enterprise, and the alternatives forward to create worth for our prospects and stakeholders,” Walsh mentioned within the announcement. “With Bain Capital’s deep operational and strategic expertise, along with the continued help of Audax, we’re well-positioned to proceed investing for future progress.”
FDH Aero offers provide chain options for aerospace and protection corporations, specializing in {hardware}, electrical merchandise, consumables and expendables, licensed merchandise and value-added providers for OEM and aftermarket prospects. The corporate has greater than 60 years of aerospace provide chain administration expertise and operates throughout the Americas, EMEA and APAC. FDH has greater than 1,500 staff in 15 nations and greater than 650,000 sq. ft of stock house.
Since Audax first invested in FDH in 2017, the corporate has expanded throughout 5 continents, accomplished 12 acquisitions and broadened its product providing and industrial attain.
Jefferies, RBC Capital Markets and BMO Capital Markets suggested Bain Capital and offered dedicated debt financing. William Blair & Firm suggested FDH and Audax.
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