SAN DIEGO, CA – February 27, 2018 — Applied Composites Holdings, LLC (“Applied
Composites”), announced today that it has acquired San Diego Composites, Inc. (“SDC”). Terms
of the transaction were not disclosed.
Applied Composites, formerly known as AC&A Holdings, is a leading aerospace and defense
composites supplier comprised of AC&A Enterprises, LLC (“AC&A”), Applied Composites
Engineering, Inc. (“ACE”), and Applied Composite Structures, Inc. (“ACS”, formerly known as
EnCore Composite Structures). SDC is Applied Composites’ third acquisition in the past four
months. Applied Composites is a portfolio company of AE Industrial Partners, LP (“AEI”), a
private equity investor specializing in aerospace & defense, power generation, and specialty
industrial companies.
SDC is a highly accomplished composites supplier dedicated to the design, engineering,
development and production of composite hardware and systems for the aerospace, space, and
defense industries. Located in a 70,000 square foot facility in San Diego, CA, SDC produces
large complex composite structures on mission critical programs ranging from NASA’s Orion
spacecraft to missile systems for Raytheon.
“The addition of SDC to our composites platform adds significant engineering talent and unique
capabilities in the design and production of large composite structures,” said Bill Boisture,
Chairman of the Board of Applied Composites and Operating Partner of AEI. “Applied
Composites has the scale, capacity, and capabilities to provide our customers an integrated
solution from design and engineering through tooling manufacturing, component production, and
complex assembly. We are pleased to welcome SDC to the exceptional composites platform we
are building.”
“Joining Applied Composites is an ideal strategic fit and natural next step in the progression and
growth of our business,” said Rob Kolozs, co-founder and CEO of SDC. “Having worked with
AC&A for years as trusted partners, we are excited to formalize that partnership by joining the
Applied Composites team. This platform company brings together a powerful portfolio of people
and capabilities that will allow us to deliver even greater value to our customers.”
Kirkland & Ellis LLP served as legal advisor and Berkeley Research Group, LLC served as
financial advisor to AEI. Procopio, Cory, Hargreaves & Savitch LLP served as legal advisor to
SDC.
About Applied Composites
Applied Composites is a leading provider of complex composite components, assemblies,
engineering, and tooling to the aerospace, defense, and specialty automobile markets. Applied
Composites was formed through AEI’s acquisitions of AC&A in 2016, ACE in 2017, ACS in
2017, and SDC in 2018. Operating out of approximately 360,000 square feet across four
facilities, Applied Composites is widely recognized as a leading supplier of advanced composite
solutions for airframes, spacecraft, rotorcraft, UAVs, auxiliary power units, nacelle structures,
missile canisters, and wings with expanding content on many high growth aerospace and defense
platforms. For more information, please visit www.acamfg.com, www.appliedcomposites.com,
www.encoregroup.aero/composite-structures-3, or www.sdcomposites.com.
About AE Industrial Partners
AE Industrial Partners is a leading private equity firm specializing in control-oriented
investments in aerospace & 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.
Media Contacts
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Jennifer Hurson
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jennifer@blicksilverpr.com
Carol Makovich
(203) 622-4781
carol@blicksilverpr.com