November 8, 2013 – White Wolf Capital (“White Wolf”) is pleased to announce a recapitalization of Aero Precision, Inc. (“Aero Precision”). Details of the transaction were not disclosed.
Elie Azar, Managing Director of White Wolf, noted “We are excited to partner with Aero Precision’s management team. The transaction will provide access to additional capital and resources to support further growth”.
Scott Dover, CEO of Aero Precision, commented, “The benefits of this transaction are compelling. Aero Precision has built a world class manufacturing platform and we look forward to benefiting from White Wolf Capital’s extensive industry experience. Our combined team is well positioned to expand our product and service offerings and identify new business development initiatives.”
Joe Hoff, Managing Director of VERCOR served as the exclusive financial advisor to Aero Precision.
Aero Precision is a high-volume manufacturer of firearm components. Aero Precision also operates an online retail store from which it sells firearm components, accessories, branded products, apparel and related supplies. Aero Precision is located in Tacoma, Washington. For further information, please visit: www.aeroprecisionusa.com.
VERCOR is a leading middle market mergers and acquisitions firm, serving business owners who are interested in selling all or part of their company or who are seeking a private equity recapitalization.
White Wolf Capital is a private investment firm that began operations in late 2011 and is focused on making both direct and indirect investments in leading middle market companies located in North America.
On the direct side, White Wolf Capital seeks both private equity as well as private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include, management buyouts leveraged buyouts, recapitalizations and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace and defense.
In addition to making direct investments in operating companies, White Wolf Capital also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million in assets under management, with a focus on the lower-middle and middle-market. For further information, please visit: www.whitewolfcapital.com.