CapitalWorks Snaps Up Morgenthaler Aircraft Test Gear Co.

Law360, New York (December 11, 2013, 1:28 PM EST) -- Lower middle market buyout firm Morgenthaler Private Equity has sold aircraft test equipment manufacturer Avtron Aerospace Inc. to Midwest-focused CapitalWorks LLC for an undisclosed price, Morgenthaler said Wednesday.

Avtron Aerospace designs and produces electrical, hydraulic and electronic aircraft component test solutions for the global commercial and military aerospace markets. Its clients span the aerospace supply chain, including aircraft manufacturers, commercial airlines, independent maintenance, repair and overhaul providers, and the U.S. military, according to CapitalWorks.

“Avtron Aerospace enjoys market leadership and a reputation for quality and reliability...
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