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Commercial Aerospace
July 13, 2015
AE Industrial Partners Completes Acquisition
of Belcan Corporation

Rowe Becomes Chairman, Kwasniewski Named CEO of Belcan

Boca Raton, FL – July 13, 2015 – AE Industrial Partners, LLC (“AEI”), a private equity investor
in aerospace, power generation and specialty industrial companies, announced today that it has
completed its acquisition of Belcan Corporation (“Belcan”), a leading engineering services and
technical staffing provider in the aerospace, power generation and industrial markets. Terms
were not disclosed. The transaction was previously announced on June 4, 2015.

Concurrent with the closing of the transaction, AEI announced that David H. Rowe, Managing
Partner of AEI, has become Chairman of Belcan and Lance H. Kwasniewski, President of Belcan
Engineering, has been named Belcan’s Chief Executive Officer.

About AE Industrial Partners, LLC
AE Industrial Partners, LLC is a leading private equity firm in the aerospace, power generation
and specialty industrial sectors, focusing on highly technical manufacturing, distribution and
supply chain management, MRO (maintenance, repair and overhaul) and industrial service-based
businesses. AE Industrial’s team includes partners with C-suite operating experience in
organizations such as GE, Gulfstream Aerospace, Power Systems Manufacturing, Hawker
Beechcraft, Landmark Aviation, Bombardier, IDEX, Aviall, B/E Aerospace, NetJets, Grand
Prairie, and Sequa. For more information, please visit

About Belcan Corporation
Belcan, headquartered in Cincinnati, Ohio, is a global supplier of engineering project
management and technical staffing solutions to a diverse spectrum of industries. Belcan has more
than 6,000 employees in 49 locations, including 26 engineering design centers and 23
TechServices locations, serving more than 600 active clients globally. For more information,
please visit

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Owen Blicksilver Public Relations
Carol Makovich
(203) 622-4781