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Commercial Aerospace
June 14, 2018
Belcan Acquires
Allegiant International

Cincinnati, Ohio – June 14, 2018 – Belcan, LLC (“Belcan”), a global supplier of engineering, supply
chain, technical recruiting, and information technology (IT) services to the aerospace, defense,
automotive, industrial, and government services markets, today announced the acquisition of
Allegiant International LLC (“Allegiant”). Terms of the transaction, which closed on June 13, were
not disclosed. Belcan is a portfolio company of AE Industrial Partners, LP (“AEI”), a private
investor in aerospace, power generation, and specialty industrial companies.

Allegiant, headquartered in Indianapolis, IN, is a professional services network with more than
750 professionals in three lines of service: advisory, tactical operations, and technical
services. Allegiant offers the capabilities of a top multinational advisory and consultancy firm, the
tactical resources of a best‐in‐class specialty service enterprise, and the efficiency advantages of
a business process outsourcing partner. Allegiant delivers rapid, effective, and sustainable results
to successful brands worldwide, supporting: automotive, aerospace, defense, medical, and
industrial supply chains. Allegiant provides solutions to some of the largest global OEMs and Tier
1 suppliers; and in 2017 received the General Motors “Supplier of the Year” award for the second
consecutive year.

“Allegiant is known for its supply chain expertise, which makes it a highly strategic fit with
Belcan’s existing manufacturing and supply chain services business,” said Lance Kwasniewski,
Chief Executive Officer of Belcan. “Their attractive automotive industry customer base of blue
chip OEMs and Tier 1 suppliers also strengthens Belcan’s position in this important segment. We
look forward to working closely with the Allegiant management team to realize the tremendous
opportunities ahead.”

“Allegiant is excited to join the Belcan family and we believe the combination brings exceptional
growth opportunities,” said Nicole Grove, Founder and Chief Executive Officer of Allegiant
International. “With Belcan’s support and capabilities, we will be able to further expand our
services and reach, which is critical to meeting the growing demand of our customers across the

“With seven acquisitions in less than 36 months, Belcan continues to demonstrate a commitment
to build capabilities to serve its customer base in new and dynamic ways,” said David H. Rowe,
Chairman of Belcan and Managing Partner of AEI.

Kirkland & Ellis LLP served as legal advisor and PricewaterhouseCoopers LLP served as financial
advisor to Belcan. Faegre Baker Daniels LLP served as legal advisor and BKD Corporate Finance,
LLC served as financial advisor to Allegiant.

About Belcan
Belcan is a global supplier of engineering, supply chain, technical recruiting, and IT services to
customers in the aerospace, defense, automotive, industrial, and government sectors. Belcan
engineers better outcomes through adaptive and integrated services. From jet engines, airframe,
and avionics to heavy vehicles, chemical processing, and cybersecurity, Belcan takes a partnering
approach to provide customer‐driven solutions that are flexible, scalable, and cost‐effective.
Belcan’s unique capabilities have led to continuous growth and success for nearly 60 years. For
more information, please visit

About Allegiant International
Allegiant International is a professional services network focusing on supplier performance
improvement initiatives. The firm’s headquarters is located in Indianapolis, Indiana. Allegiant
has more than 750 professionals working globally, in three lines of services: advisory services,
tactical operations (supply chain response teams), and engineering/technical services.
With global capability, Allegiant’s value proposition is to deliver clients optimal results by acting
with “speed and precision.” For more information, please visit

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

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Blicksilver Public Relations
Jennifer Hurson
(845) 507‐0571

Carol Makovich
(203) 622‐4781