TriMas announced today that it has signed an agreement to acquire RSA Engineered Products (RSA), a manufacturer of complex, highly-engineered and proprietary air ducting products, connectors and related components for air management systems used in aerospace and defense applications. The transaction is expected to close during the first quarter of 2020, at which time RSA will become part of TriMas' Aerospace segment.
"We are excited to announce the acquisition of RSA Engineered Products, which will enhance the breadth of TriMas Aerospace's product line offering," said Thomas Amato, President and Chief Executive Officer of TriMas. "RSA also increases our position in the defense and business jet markets, as well as adds to our aerospace and defense aftermarket capabilities."
RSA manufactures highly-engineered components, including air ducting products, connectors, flexible joints, ozone converters and machined assemblies, predominantly used in aerospace and defense engine bleed air, anti-icing and environmental control system applications. RSA has one facility with approximately 100 dedicated employees located in Simi Valley, California, where it has engineering, testing and manufacturing capabilities. The majority of RSA's sales are through military, commercial, regional and business jet end markets. RSA generates approximately $32 million in annual revenue.
Amato continued, "We are excited to add RSA to TriMas' aerospace platform. We look forward to expanding our capabilities to further support our customers' needs through innovation and operational excellence through the application of the TriMas Business Model. We are pleased to welcome the employees of RSA to the TriMas family of businesses."
RSA Engineered Products is a portfolio company of Merit Capital Partners and Cornerstone Capital Holdings. Houlihan Lokey served as the exclusive financial advisor and Much Shelist, P.C. served as legal advisor to RSA in connection with the sale.
|Contact details from our directory:|
|TriMas Aerospace (Mac Fasteners)||Bolts|
|RSA Engineered Products, LLC||Aircraft Structural Components, Mechanical Connectors, Manifolds & Ducts|
|Related directory sectors:|