SK Capital Acquires Parker Hannifin's North America Composites & Fuel Containment Division (renamed Axillon Aerospace)

Kaman Corporation Acquires Parker-Hannifin Aircraft Wheel & Brake Division

September 16, 2022

Aerospace & Defense

Kaman Corporation completed the acquisition of the Parker-Hannifin Aircraft Wheel & Brake Division on September 16, 2022. The Avon, Ohio-based division (Aircraft Wheel & Brake) expands Kaman's engineered products portfolio and increases its exposure to aerospace and defense end markets while providing aftermarket and OEM wheel, brake and hydraulic capabilities.

SK Capital Partners Acquires Controlling Stake in Tilley Chemical Company

January 7, 2021

Industrial Services

Funds advised by SK Capital Partners made a controlling investment in Tilley Chemical Company, a Baltimore-based specialty chemical and lubricant distributor. The Tilley family will retain a significant ownership stake and continue to be involved; committed debt financing was provided by Madison Capital to support SK Capital’s investment and the platform’s planned infrastructure and footprint expansion.

SK Capital Acquires Florachem from Carmelina Capital

May 4, 2022

Manufacturing

Funds advised by SK Capital Partners acquired Florachem Holdings, LLC from an affiliate of Carmelina Capital. Stellus Capital Management provided senior debt financing and an equity co-investment to support the transaction. The deal positions SK Capital to grow Florachem's natural plant-based ingredients platform and support ongoing capacity and capability investments at its Jacksonville facility.

SK Capital Partners Acquires IPACKCHEM Group SAS

April 6, 2021

Manufacturing

SK Capital Partners, a New York-based private investment firm focused on specialty materials and chemicals, has completed the acquisition of IPACKCHEM Group SAS, a Paris-headquartered manufacturer of sustainability-oriented barrier plastic packaging for the crop protection and specialty chemicals markets. SK Capital said it will partner with IPACKCHEM's management to accelerate organic and acquisitive growth and expand the company's global market position.

Parker Hannifin Acquires Exotic Metals Forming Company

September 16, 2019

Aerospace & Defense

Parker Hannifin Corporation completed the cash acquisition of Exotic Metals Forming Company LLC for $1.725 billion. The purchase brings Exotic's high-temperature, high-pressure air and exhaust management and complex engine turbine hot-section assemblies into Parker's Aerospace group to expand Parker's engine and aircraft systems capabilities.

Sky Island Capital Acquires Majority Stake in SkyMark Refuelers and KC Tank

January 19, 2022

Manufacturing

Dallas-based private equity firm Sky Island Capital made a majority investment in SkyMark Refuelers, LLC and related company KC Tank, LLC, partnering with the companies' founders to support growth. SkyMark, headquartered in Kansas City, Kansas with production in Findlay, Ohio, is a manufacturer of custom work trucks and vacuum tanks serving aviation refueling, liquid waste removal, rail, and other industrial end markets.