Arlington Capital Platform Makes Acquisition

Arlington Capital Partners owned TSI Group has purchased J.A. Reinhardt, a provider of brazing and thermal management products such as cold plates, electronic housings and heat exchangers. TSI was acquired by Arlington Capital in May 2005 and has since made six other acquistions. The last investment the company made was the add-on of Sandy Bay Machine in July 2008.

There have been 128 investments by private equity in the aerospace and defense industry. The Carlyle Group, J.F. Lehman & Company, Odyssey Investment Partners and Veritas Capital are active investors in the industry, having made 20 total investments in the space. Add-on investments have been popular in the industry, counting for four of the 11 aerospace and defense deals done so far in 2009 and one-third of the total amount of deals done. The largest deal in the industry was the $3.3 billion divestiture of Hawker Beechcraft by GS Capital Partners and Onex Partners. This information was provided by the PitchBook Platform.