BEI Precision (J.F. Lehman-backed) Acquires Wenzel Associates, Inc.

Quantic Electronics Acquires BEI Precision

August 17, 2021

Aerospace & Defense

Quantic Electronics, a portfolio company of Arcline Investment Management, has acquired BEI Precision Systems & Space Company, Inc. from J.F. Lehman & Company. The add-on acquisition expands Quantic's capabilities in mission-critical position feedback sensors, encoders, accelerometers, and frequency reference technologies for aerospace, space, and defense end markets.

J.F. Lehman & Company Acquires Mission Microwave Technologies

March 14, 2024

Aerospace & Defense

An investment affiliate of J.F. Lehman & Company has acquired Mission Microwave Technologies, a Cypress, California-based maker of solid-state power amplifiers (SSPAs) and block upconverters (BUCs) for satellite communications. Debt financing for the transaction was led by Barings and co-led by PennantPark and SMBC; prior majority shareholders (affiliates of GaAs Labs LLC), founders and management will remain material shareholders.

AE Industrial Partners Acquires G.S. Precision

March 3, 2020

Manufacturing

AE Industrial Partners, a private equity firm focused on aerospace, defense and specialty industrials, has acquired G.S. Precision, a Brattleboro, Vermont-based manufacturer of high-precision aerospace and defense components. Terms were not disclosed; G.S. Precision will continue to be led by CEO Norm Schneeberger, who will remain a significant shareholder.

Quantic Electronics Acquires M-Wave Design

May 15, 2024

Aerospace & Defense

Quantic Electronics, a portfolio company of Arcline Investment Management, has acquired M-Wave Design, a supplier of ferrite-based RF and microwave passive components used in aerospace, defense and quantum computing applications. The acquisition is an add-on to Quantic's electronics portfolio and expands its product capabilities in high-performance, cryogenic-capable components for military, space and quantum customers.

Abracon Acquires NEL Frequency Controls, Inc.

July 5, 2023

Manufacturing

Abracon has acquired NEL Frequency Controls, Inc., a Burlington, Wisconsin-based manufacturer of ultra-low phase noise crystal oscillators and modules. The acquisition expands Abracon's precision timing product offering, adds US-based manufacturing capacity, and aims to accelerate product development and go-to-market capabilities.

Boulden Holdings, LLC Acquires Ace Precision Industries, Inc.

November 11, 2025

Manufacturing

Boulden Holdings, LLC, a portfolio company of Edgewater Growth Capital Partners V, L.P., has acquired Ace Precision Industries, Inc., a family-owned precision machining business based in Akron, Ohio. The acquisition adds precision machining and hydrodynamic bearing capabilities to Boulden's wear-components platform, increasing capacity and creating cross-selling opportunities across aerospace, medical and transit end markets.