Aug 202610
AE Industrial Partners buys Attilius Technologies
Vertically integrated national security intelligence platform, formed through the acquisition and rebranding of a provider of data intelligence and analytic solutions
UndisclosedClosed
Company
AE Industrial Partners
AE Industrial Partners is a private investment firm that invests in national security, aerospace and industrial services companies through private equity, venture capital and aerospace leasing. ↗
| Headquarters | Washington, D.C. office ↗ |
|---|---|
| Founded | 1998 ↗ |
| Founders | Brian Rowe, David Rowe ↗ |
| Leadership | Charlie Compton, Managing Partner ↗; Kirk Konert, Managing Partner ↗; Jon Nemo, Managing Partner ↗ |
| Employees | 117 ↗ |
| Ownership | Private; $9.2B AUM at 12/31/2025 ↗ |
| Website | www.aeroequity.com ↗ |
Products
- The Private Equity strategy makes control-oriented investments in leading middle market companies across the firm's target markets. ↗
- The Aerospace Leasing strategy acquires aircraft and engine assets and structures leasing solutions. ↗
- AE Ventures is the firm's venture capital platform, investing in early-stage aerospace, national security and industrial companies. ↗
- AE Industrial Partners Fund III was launched in 2022. ↗
Deals since 2020
Jan 202605
L3Harris sells a 60% stake in a new space technology company, excluding RS-25 to AE Industrial Partners
Buyer: AE Industrial Partners
L3Harris’ space propulsion and power systems and space avionics and communications businesses, contributed to a new space technology company in which L3Harris retains approximately 40 %
$845 millionClosed Aug 4, 2026
Oct 202501
NewMarket buys Calca Solutions
Seller: AE Industrial Partners
Producer of UltraPure and high-purity hydrazine propellants, based in Lake Charles, Louisiana
UndisclosedClosed Oct 1, 2025
Jun 202516
AE Industrial Partners buys Air Transport Components
Provider of aircraft component maintenance, repair, and overhaul services, based in Gilbert, Arizona and Tulsa, Oklahoma
UndisclosedClosed Jun 16, 2025
Oct 202415
VSE buys Kellstrom Aerospace
Seller: AE Industrial Partners, LP
Diversified global distributor and service provider supporting the commercial aerospace engine aftermarket.
$200 millionClosed Dec 3, 2024
Jun 202410
Cognizant buys Belcan
Seller: AE Industrial Partners
Global supplier of Engineering Research & Development services for the commercial aerospace, defense, space, marine and industrial verticals
$1.3 billionClosed Aug 26, 2024
Mar 202404
AE Industrial Partners buys Calca Solutions
Manufacturer of hydrazine, based in Lake Charles, Louisiana
UndisclosedClosed Mar 4, 2024
Dec 202304
NewMarket buys American Pacific
Seller: AE Industrial Partners
Manufacturer of critical performance additives used in solid rocket motors for space launch and military defense applications
$700 millionClosed Jan 17, 2024
Jan 202326
AE Industrial Partners buys REDLattice
Pure-play cyber technology company providing full spectrum cyber capabilities; AEI acquired a significant stake
UndisclosedClosed Jan 26, 2023
Oct 202204
AE Industrial Partners buys York Space Systems
Independent provider of small satellites, satellite components and turnkey mission operations, based in Denver
UndisclosedClosed Nov 14, 2022
Feb 202224
AE Industrial Partners buys Firefly Aerospace
Seller: Noosphere Venture Partners LP
Maker of launch vehicles, spacecraft, and in-space services; AEI acquired a significant stake
UndisclosedClosed Mar 22, 2022
Nov 202101
AE Industrial Partners Structured Solutions I, LP takes a stake in Fire Team Solutions
Provider of mission-critical technology services to the U.S. intelligence community, based in Reston, Virginia
UndisclosedClosed Nov 1, 2021
Nov 202101
ManTech International buys Gryphon Technologies
Seller: AE Industrial Partners
A systems engineering firm providing advanced digital and systems engineering capabilities for Department of Defense agencies.
$361 millionClosed Dec 9, 2021
Jan 202128
AE Industrial Partners buys UAV Factory
Maker of tactical unmanned aerial vehicles and ISR payloads, based in Riga, Latvia, with a second location in Bend, Oregon
UndisclosedClosed Jan 28, 2021
Nov 202004
AE Industrial Partners buys Pangiam and Linkware
Linkware provides custom software solutions and consulting services to federal government organizations; Pangiam is a security and travel consulting services provider
UndisclosedClosed Nov 4, 2020
Jun 202001
AE Industrial Partners, LP buys Deep Space Systems
A pioneer in the space industry providing mission-critical payloads, systems and components
UndisclosedClosed Jun 1, 2020
Mar 202004
AE Industrial Partners buys G.S. Precision
Manufacturer of complex, high precision components and specialty hardware used primarily in aerospace engines and defense systems
UndisclosedClosed Mar 4, 2020
Mar 202002
AE Industrial Partners, LP buys Adcole Space
Seller: Adcole · Backed by Artemis Capital Partners
Satellite components, including optical sensors such as sun sensors, star trackers and star cameras
UndisclosedClosed Mar 2, 2020
Feb 202007
AE Industrial Partners buys American Pacific
Seller: Huntsman Family Investments
Specialty materials manufacturer of critical chemicals, including oxidizers for solid rocket propellant, based in Cedar City, Utah
UndisclosedClosed Feb 7, 2020
Other acquisitions
More
- Sierra Space is among the private equity portfolio companies listed by AE Industrial Partners. ↗
- Firefly is among the private equity portfolio companies listed by AE Industrial Partners. ↗
- Redwire is among the private equity portfolio companies listed by AE Industrial Partners. ↗
- BigBear.ai is among the private equity portfolio companies listed by AE Industrial Partners. ↗
- Edge Autonomy is among the private equity portfolio companies listed by AE Industrial Partners. ↗
- ThayerMahan is among the private equity portfolio companies listed by AE Industrial Partners. ↗
Our coverage
- Capital · Private equityAE Industrial closes roughly $850 million continuation vehicle for defense distributor Blue RavenLexington Partners leads the vehicle, which AE Industrial says will provide capital for organic initiatives and potential acquisitions as the firm continues its partnership with Blue Raven.
- Capital · Public markets riskPension fund alleges York Space Systems omitted satellite funding decision from IPO filingThe complaint alleges the Pentagon decided by 2025 against funding Tranche 3 of the Transport Layer, at least in material part over York's inadequate performance.