Karman Space & Defense Acquires Seemann Composites and MSC

Karman Missile & Space Systems Acquires AAE Aerospace

February 9, 2021

Aerospace & Defense

Karman Missile & Space Systems, a Trive Capital portfolio company, has acquired AAE Aerospace, a manufacturer of high-temperature composites used in missile, interceptor, and space propulsion subsystems. The deal expands Karman's end-to-end production capabilities for critical propulsion components and keeps AAE's senior leadership as equity holders; Trive served as the sponsor and advisors included Lazard Middle Market and D.A. Davidson.

Karman Space & Defense (Trive-backed) Acquires MG Resin Family of Technologies

June 15, 2022

Aerospace & Defense

Karman Space & Defense, backed by private equity firm Trive Capital, acquired the MG Resin family of ultra-high temperature resin technologies from Cornerstone Research Group (CRG). The deal expands Karman's vertically integrated composite and carbon/carbon manufacturing capabilities for aerospace, defense and hypersonic applications and aims to accelerate commercialization of high-temp materials for OEMs in those supply chains.

Karman Missile & Space Systems Acquires TMX Engineering

September 21, 2021

Aerospace & Defense

Karman Missile & Space Systems, a Trive Capital-backed platform, has acquired TMX Engineering, a Los Angeles-based precision machining firm. The deal expands Karman's capacity and capabilities in complex precision machining for space, missile, and hypersonic systems; TMX's senior leadership will remain as equity holders.

Karman Space & Defense Acquires Five Axis Industries

October 28, 2025

Aerospace & Defense

Karman Space & Defense (NYSE: KRMN) acquired Five Axis Industries, an Arlington, Washington-based supplier of advanced nozzle and fuel system subsystems, for $83 million in cash plus approximately $5 million in Karman shares (about $88 million total). The acquisition, which closed October 28, 2025, expands Karman's propulsion and launch-system capabilities by adding proprietary nozzle, spun-form and 3D-printed Inconel technologies and was funded in part by an increase to Karman's Term Loan B.

Trive-Backed Karman Missile & Space Systems Acquires Systima Technologies

September 24, 2021

Aerospace & Defense

Karman Missile & Space Systems, a platform backed by Trive Capital, has acquired Systima Technologies to expand its capabilities across the space, missile and hypersonic supply chains. The Systima leadership team will remain as equity holders and senior leaders of Karman; the deal is an add-on to the Karman platform to broaden engineering, composite-structure and energetic systems capabilities.

MSC Industrial Supply Co. Acquires KAR Industrial Inc.

January 22, 2024

Industrial Services

MSC Industrial Supply Co. has acquired KAR Industrial Inc., a Canadian metalworking distributor that operates three facilities in Mississauga, Montreal and Edmonton. KAR will continue to operate under its Duramill and Omnitool divisions with Ward Meek remaining in daily management; the business reported approximately US$16 million in 2023 revenue and 45 employees. MSC said the acquisition expands its metalworking footprint in Canada and will provide KAR customers access to MSC's broader product portfolio and e-commerce channel.