TriMas Corporation Acquires GMT Aerospace (GMT Gummi-Metall-Technik GmbH Aerospace Business)

TRM Equity Acquires Assets of Gamma Aerospace, LLC

March 2, 2023

Aerospace & Defense

TRM Equity II acquired substantially all of the assets of Gamma Aerospace, LLC on March 2, 2023. Gamma Aerospace, a Mansfield, Texas-based manufacturer of multi-contoured formed and multi-axis machined aerospace components with three production facilities and over 200 employees, will be operated by TRM with a focus on operational improvement and stabilizing performance amid post-COVID supply and labor challenges.

TriMas Acquires Weldmac Manufacturing Company

February 23, 2023

Manufacturing

TriMas Corporation signed an agreement to acquire the operating net assets of Weldmac Manufacturing Company, a family estate‑owned designer and manufacturer of high‑performance metal fabricated components for aerospace, defense, space launch and commercial power markets. The deal (expected to close in the coming months) will fold Weldmac into TriMas Aerospace to expand TriMas’s engineered structural solutions and manufacturing capabilities.

TriMas Acquires Omega Plastics and TFI Aerospace

December 13, 2021

Manufacturing

TriMas (NASDAQ: TRS) announced bolt-on acquisitions of Omega Plastics (added to TriMas Packaging) and TFI Aerospace (added to TriMas Aerospace). Omega, a Clinton Township, Michigan injection-molding and tooling company serving medical and industrial markets, generated about $18M of revenue in 2021; TFI, near Toronto, is a specialty aerospace fastener supplier with about $6M of revenue. TriMas said both targets are private, family-owned companies and expects the deals to expand product offerings and manufacturing capacity while keeping net leverage below 2.0x.

TriMas Corporation Acquires RSA Engineered Products

March 10, 2020

Aerospace & Defense

TriMas Corporation agreed to acquire RSA Engineered Products, a Simi Valley-based manufacturer of highly engineered air ducting, connectors and related components for aerospace and defense applications. The deal, announced January 30, 2020 and closed March 2, 2020, brings RSA into TriMas' Aerospace segment and expands TriMas' capabilities and position in defense, business jet and aftermarket markets.

Triman Industries (AE Industrial Partners) Acquires Brighton Cromwell and Crestwood Technology Group (CTG)

December 20, 2021

Aerospace & Defense

AE Industrial Partners’ portfolio company Triman Industries acquired Brighton Cromwell and Crestwood Technology Group (CTG) to combine the three businesses into a single military aftermarket supply‑chain management platform. The transaction creates a scaled provider of distribution, kitting, logistics, obsolescence management and repair management services serving U.S. and international military customers and OEM partners; shareholders of the targets will retain significant ownership and remain in leadership roles. Terms were not disclosed.

Castellum, Inc. Acquires Global Technologies Management Resources (GTMR)

March 23, 2023

Aerospace & Defense

Castellum, Inc. (NYSE-American: CTM) has closed its acquisition of Global Technologies Management Resources, Inc. (GTMR), a government contractor based in Hollywood, Maryland, adding roughly $10 million of revenue and about 60 employees. The transaction is structured as a tax-free reorganization with a majority of the consideration in Castellum restricted common stock and is immediately accretive to Castellum's financial metrics while expanding its electronic warfare and cybersecurity capabilities near NAS Patuxent River.