Boca Raton, FL – July 10, 2018 – AE Industrial Partners, LP (“AEI”), a leading private equity
investor in aerospace and defense, power generation, and specialty industrial companies,
announced today that it has closed its second private equity fund – AE Industrial Partners Fund
II, LP (“Fund II”) – with $1.36 billion in equity commitments. Fund II will be dedicated to
making control investments in technical manufacturing, distribution and supply chain
management, MRO (maintenance, repair and overhaul), and industrial service-based businesses
in AEI’s target markets.

Fund II exceeded its $1 billion target and was substantially oversubscribed, reaching its hard cap.
Commitments came from a diverse mix of institutional investors, including leading endowments,
charitable foundations, public and corporate pensions, financial institutions, funds of funds,
family offices, and sovereign wealth funds.

“Fund II closed with nearly double the commitments of our first fund, which is strong
recognition of AEI’s successful strategy and performance for its investors,” said David H. Rowe,
Managing Partner of AEI. “We thank our investment partners for their support as we continue to
identify attractive investment opportunities in aerospace and defense and related industries both
in the United States and globally.”

“With our deep operating expertise and valuable relationships in these sectors, we are well
positioned to uncover unique opportunities and create value for our investors,” said Michael
Greene, Managing Partner of AEI. “With Fund II successfully closed, we look forward to the
next chapter for AEI and its investors.”

Eaton Partners, a Stifel Company, served as placement agent, and Kirkland & Ellis LLP served
as legal advisor to AEI.

AEI’s first private equity fund – AE Industrial Partners Fund I, LP (“Fund I”) – closed in April
2016 with $680 million in equity commitments, ahead of its $600 million target. Fund I, which is
currently over 80 percent invested or reserved, has closed 21 acquisitions since April 2015,
including seven platform investments and 14 add-on acquisitions.

About AE Industrial Partners
AE Industrial Partners is a leading private equity firm with more than $2.7 billion of assets under
management, including equity commitments from Fund II, specializing in control investments in
aerospace and defense, power generation, and specialty industrial businesses. AEI invests in
market-leading companies that can benefit from its deep operating experience, industry
knowledge, and relationships. Learn more at www.aeroequity.com.

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CONTACT:
Owen Blicksilver Public Relations
Carol Makovich
(203) 622-4781
carol@blicksilverpr.com

Jennifer Hurson
(845) 507-0571
jennifer@blicksilverpr.com