Stellex Capital Management (Stellex), a middle-market private equity firm with extensive aerospace and defence industry experience, has made a new platform investment in RTC Aerospace (RTC), a provider of complex machined components and assemblies for mission-critical aerospace and defence applications.
The financial terms of the transaction have not been disclosed.
Based outside of Los Angeles, CA, RTC is a manufacturer of high-precision, difficult-to-machine components for commercial and military aircraft and varied aerospace and defence applications.
As part of the transaction, Brad Hart, an investor and executive of RTC since 1986, remains an investor in the Company and a board member. To further drive RTC’s next chapter of growth, Stellex is partnering with Dave Herr, a seasoned aerospace and defense executive with more than 30 years of experience with GE Aircraft Engines and BAE Systems.
