Talon Precision acquires B & A Company
The 1973-founded, Milford, Connecticut-based precision machining firm supplies tight tolerance components for helicopters and fixed-wing aircraft, establishing Talon Precision's platform in the sector.
Takeaways
- B & A is a precision machining for aerospace and defense sectors.
- Talon Precision and B & A are classified as a platform transaction.
- The target serves aerospace, defense, and mission-critical industries across Connecticut.
B & A Company, a Milford, Connecticut-based precision machining firm specializing in tight tolerance components for aerospace and defense applications, was acquired by Talon Precision.
Founded in 1973 by Bert and Anita Schwarz, the company supplies valve, sensor, brake, and landing gear parts for helicopter and fixed-wing aircraft systems to commercial aerospace and defense OEMs.
Talon Precision, which launched earlier this year with $75 million in initial equity capital from business builders and long-term-oriented investors, is building a platform in precision machining and advanced manufacturing for aerospace, defense, medical, and semiconductor end markets.
“B & A Company, founded by my parents, has grown up alongside and successfully served many of the key suppliers and OEMs in our region.
We look forward to supporting the Talon Precision team as they carry on the B & A legacy into the Company’s next chapter,” said Rick Schwarz, who has co-led the company with his brother, Ron Schwarz, since 1999.
Touchstone Advisors served as advisor to B & A Company.
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