Trive Capital Provides Structured Recapitalization to Field Aerospace

Trive Capital Recapitalizes AEVEX Aerospace with $160M Unitranche from Bain Capital Credit

July 15, 2019

Aerospace & Defense

Trive Capital completed a recapitalization of its portfolio company AEVEX Aerospace, with Bain Capital Credit arranging a $160 million senior secured unitranche facility to support the transaction. AEVEX, headquartered in Solana Beach, California, provides airborne intelligence, surveillance and reconnaissance (ISR) services across aircraft services, flight operations support and intelligence solutions; William Blair served as exclusive financial advisor to AEVEX.

Trive Capital Invests in Systems Innovation Engineering

February 16, 2022

Aerospace & Defense

Dallas-based private equity firm Trive Capital has made a strategic investment in Systems Innovation Engineering (SIE), a Mullica Hill, New Jersey–based defense systems engineering and design firm. The capital will support SIE’s continued growth and capability expansion across radar/RF, directed energy, counter-UAS systems and supply-chain/logistics support for defense customers.

Trive Capital Partners with California Brazing

January 7, 2019

Manufacturing

Trive Capital, a Dallas-based private equity firm, has acquired California Brazing, a Newark, California manufacturer of precision brazed components and CNC-machined parts serving aerospace, defense and satellite communications customers. Trive will provide capital and resources to support the company's continued growth, expanded capacity and capability investments across its San Francisco Bay Area and Carson City facilities.

Trive Capital Invests in Kittyhawk Inc.

January 26, 2023

Industrial Services

Dallas-based private equity firm Trive Capital has made a growth investment in Kittyhawk, Inc., a West Coast provider of Hot Isostatic Pressing (HIP) services serving aerospace, defense, space and medical end markets. The partnership will support Kittyhawk's organic growth and future acquisitions to expand capabilities and serve increasing demand for additively manufactured and mission-critical components.

Trive Capital Forms Canopy Aerospace & Defense, Combining Hera Technologies and MSM Industries

September 3, 2025

Aerospace & Defense

Trive Capital has launched Canopy Aerospace & Defense, a newly formed advanced materials platform that combines Hera Technologies Inc. and MSM Industries Inc. The Dallas-based private equity firm intends the vertically integrated platform to provide advanced insulative, absorptive and signature-reduction materials plus R&D and refurbishment services to aerospace, space and defense OEMs.

Trive Capital Forms Karman by Partnering with Aerospace Engineering Corp. and AMRO Fabricating

January 26, 2021

Aerospace & Defense

Dallas-based private equity firm Trive Capital has partnered with the senior leadership teams of Aerospace Engineering Corp. (AEC) and AMRO Fabricating Corporation (AMRO) to form Karman Missile & Space Systems, a new platform supplier for space, missile and hypersonic markets. The combined company operates multiple facilities in greater Los Angeles with additional presence in Washington, D.C. and Huntsville, Alabama; the leadership teams of both legacy businesses remain equity holders and executives in Karman.