RLJ Equity Partners Acquires LAI International from Spell Capital Partners

March 15, 2012

RLJ Equity Partners acquired LAI International, Inc. from Spell Capital Partners in a transaction announced in early 2012; Monroe Capital provided approximately $37.1 million of financing to support the deal. LAI is a contract manufacturer of precision-engineered components serving aerospace, defense, power generation and medical markets; under Spell's ownership the business grew from $16 million to $44 million in sales.

Buyers
RLJ Equity Partners
Targets
LAI International, Inc.
Sellers
Spell Capital Partners
Industry
Manufacturing
Location
Maryland, United States
Transaction Type
Buyout

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