Concord Ventures Sells Three Aerospace Machining and Fabrication Companies in a Rollup

Bellevue, WA, September 10, 2014 Concord Ventures is pleased to announce the close of a rollup of three aerospace machining and fabrication companies to Jefferson Capital Partners of Mandeville, LA.

The companies were Polaris Machining and Quality Manufacturing, Inc., both of Marysville, WA, and Vector Industries of Everett, WA. The three companies have been merged into a new holding company, Integrated Aerospace Manufacturing, LLC.

The new company is managed by Michael Bontatibus, former owner of Polaris Machining, and Colm Plunkett, former CFO of Klune Industries, a California aerospace company.

Polaris Machining has extensive milling capability, Quality Manufacturing is noted for close-tolerance turning, and Vector Industries has significant capability in sheet metal fabrication.  All three companies are located in Snohomish County where the Boeing 787 plant is also situated.

A rollup is a highly complex transaction involving multiple negotiations. Concord Ventures negotiated the transactions while acting as the sellers’ advisor. Jefferson Capital provides direct flexible mezzanine capital solutions to lower middle-market companies in a range of industries, including energy services, healthcare, industrial products, business services, wholesale/distribution, and manufacturing.

Concord Ventures is a Bellevue-based boutique investment-banking firm specializing in mergers, acquisitions, re-capitalizations, and valuations of established companies. The primary focus of the firm is companies with valuations between $3,000,000 to $250,000,000 in manufacturing, service, and distribution.