Teedup Acquires 55 Industries

February 22, 2024

Private equity firm Teedup has acquired 55 Industries, an inspections and precision-machining services provider to the aerospace and defense sector. The deal was supported by a customized $7 million debt financing package from Leonid Capital Partners structured around 55 Industries' government contract backlog to help integrate and scale the business within the national security market.

Buyers
Teedup, Leonid Capital Partners
Targets
55 Industries
Location
Florida, United States
Transaction Type
Buyout

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