NB Capital Solutions & Neuberger Berman Complete Minority Recap of FDH Aero; Audax Remains Control Investor

Bain Capital Private Equity Takes Majority Stake in FDH Aero

June 8, 2026

IT Services

FDH Aero entered into a definitive agreement to receive a majority investment from Bain Capital Private Equity, with Audax Private Equity (the company’s majority shareholder since 2017) expected to remain a significant investor. The partnership is intended to fund FDH’s next phase of growth through continued investment in capabilities, its service model, global reach, and strategic acquisitions.

FDH Aero Acquires BJG Electronics Group

April 27, 2023

Aerospace & Defense

FDH Aero, a portfolio company of Audax Private Equity, has acquired BJG Electronics Group from Rockwood Equity Partners. The deal adds BJG’s interconnect and electromechanical product distribution and value‑added manufacturing capabilities to FDH’s electronics offering, creating FDH Aero Electronic Products Group to expand supply‑chain solutions for aerospace, defense and space customers.

FDH Aero Acquires Unical Defense

November 29, 2021

Aerospace & Defense

FDH Aero, a PE-backed aerospace and defense distributor, has acquired Unical Defense, a City of Industry, California–based provider of aftermarket component parts and logistics services for military aircraft. The acquisition serves as an add-on to FDH's platform (backed by Audax Private Equity) to accelerate growth in the global defense aftermarket and expand repair-management and supplier capabilities.

FDH Aero Acquires Stealth Aerospace

October 18, 2021

Aerospace & Defense

FDH Aero, a distributor of aerospace parts and an Audax Private Equity portfolio company, has acquired Stealth Aerospace, a Southern California-based stocking distributor of aerospace electrical and electro-mechanical components. The add-on strengthens FDH's position in the U.S. commercial and cargo aerospace aftermarket and expands its global aftermarket channel and AOG support capabilities.

FDH Aero Acquires Madison Aerospace

September 3, 2021

Aerospace & Defense

FDH Aero has acquired Madison Aerospace, a Haltom City, Texas-based distributor of aerospace hardware focused on the OEM market. The deal expands FDH's product offerings and strengthens its footprint in the Texas aerospace production supply chain; Madison's leadership (Brian and Craig Hutchins) will continue to run operations. Audax Private Equity is the sponsor behind FDH (FDH has completed multiple add-ons since Audax's 2017 investment).

FDH Acquires Societe AHE Inc.

October 20, 2020

Aerospace & Defense

FDH, a portfolio company of Audax Private Equity, has acquired Société AHE Inc., a Montreal-based distributor of aerospace hardware focused on the rotorcraft market. The add-on expands FDH's rotorcraft product offerings and global reach and is the company's seventh acquisition (fifth since Audax's 2017 investment).