Trive-backed Kittyhawk Acquires Stack HIP From Stack Metallurgical Group
Trive-backed Kittyhawk Acquires Stack HIP From Stack Metallurgical Group
GARDEN GROVE, Calif. and DALLAS, March 7, 2024 /PRNewswire/ -- Kittyhawk, Inc. ("Kittyhawk" or the "Company"), backed by the Dallas-based private equity firm Trive Capital ("Trive"), is pleased to announce that it has acquired Stack HIP, LLC ("Stack HIP") from Stack Metallurgical Group ("SMG"). The acquisition of Stack HIP represents a significant expansion of capacity and capabilities in Hot Isostatic Pressing ("HIP") for aerospace, space, defense, and medical applications.
加利福尼亞州加登格羅夫和達拉斯，2024 年 3 月 7 日 /PRNewswire/ — Kittyhawk, Inc. （“Kittyhawk” 或 “公司”），由這家總部位於達拉斯的私募股權公司支持 Trive資本 （“Trive”）很高興地宣佈已收購 Stack HIP, LLC （“Stack HIP”）來自 斯塔克冶金集團 (“SMG”)。收購Stack HIP代表着航空航天、太空、國防和醫療應用的熱等靜壓（“HIP”）產能和能力的顯著擴展。
The acquisition of Stack HIP represents a significant expansion of capacity and capabilities in Hot Isostatic Pressing
收購 Stack HIP 代表着熱等靜壓產能和能力的顯著擴展
Operating from its facility in Albany, OR, Stack HIP is a market leader of HIP services to aerospace, defense, and medical customers. Stack HIP possesses the largest high-pressure HIP vessels in North America, enabling the processing of the biggest and most complex castings and additively manufactured metallic parts. Post-closing, SMG will continue to operate its world-class classical heat treatment and aluminum special processing facilities in Portland, OR, Spokane, WA and Salt Lake City, UT.
Stack HIP 在其位於俄勒岡州奧爾巴尼的工廠運營，是爲航空航天、國防和醫療客戶提供 HIP 服務的市場領導者。Stack HIP 擁有北美最大的高壓 HIP 容器，能夠加工最大和最複雜的鑄件和增材製造的金屬零件。交易結束後，SMG將繼續在俄勒岡州波特蘭、華盛頓州斯波坎和猶他州鹽湖城運營其世界一流的傳統熱處理和鋁特種加工設施。
"We're excited to welcome Stack HIP customers, employees, and suppliers into the Kittyhawk family," said Brandon Creason, President of Kittyhawk. "Stack HIP will allow Kittyhawk to service mission critical parts up to 63" in diameter, enabling us to process the full array of components for our customers. At Kittyhawk, we commit every day to providing the best service and quality to our customers, and we're thrilled to now do that with the added capabilities and dedicated employees of Stack HIP. We look forward to the continued relationship with SMG to deliver unmatched special processing services to our valued customers."
Kittyhawk總裁布蘭登·克雷森說：“我們很高興歡迎Stack HIP的客戶、員工和供應商加入Kittyhawk大家庭。”“Stack HIP將使Kittyhawk能夠維修直徑不超過63英寸的關鍵任務部件，使我們能夠爲客戶加工全套組件。在Kittyhawk，我們每天都致力於爲客戶提供最好的服務和質量，現在我們很高興通過Stack HIP的額外能力和敬業的員工來實現這一目標。我們期待與SMG繼續保持合作關係，爲我們尊貴的客戶提供無與倫比的特殊加工服務。”
Doug Puerta, CEO of SMG commented, "We look forward to continued collaboration with Kittyhawk to deliver a differentiated level of service, quality, and value to our shared customers. This transaction will allow both companies to further drive capacity, quality, and capabilities in our respective services to best serve the PNW market."
SMG首席執行官道格·普埃爾塔評論說：“我們期待與Kittyhawk繼續合作，爲我們的共同客戶提供差異化的服務、質量和價值。這筆交易將使兩家公司能夠進一步提高我們各自服務的產能、質量和能力，從而爲PNW市場提供最佳服務。”
"SMG built a world-class facility in Stack HIP. With this acquisition, Kittyhawk is the premier provider of HIP services on the West Coast. We look forward to supporting our customers' growth and will continue to make significant investments in capacity to meet the demands of our growing customer base," commented Tanner Cope, Managing Director at Trive.
“SMG 在 Stack HIP 建造了世界一流的設施。通過此次收購，Kittyhawk成爲西海岸HIP服務的主要提供商。我們期待支持客戶的增長，並將繼續在產能方面進行大量投資，以滿足我們不斷增長的客戶群的需求，” 評論道 坦納·科普，Trive 董事總經理。
"This is an important step in growing the platform specialized in this highly-differentiated HIP capability. The Company continues to benefit from strong industry tailwinds, and we are excited to support our customers by investing in capacity," said David Stinnett, Partner at Trive.
“這是發展專門用於這種高度差異化HIP能力的平台的重要一步。該公司繼續受益於強勁的行業利好因素，我們很高興通過投資產能來支持我們的客戶。” 大衛·斯汀內特，Trive 的合作伙伴。
About Kittyhawk
Kittyhawk, Inc. is a leading provider of Hot Isostatic Pressing services for a variety of industries including space, commercial aerospace, defense, and medical applications.
關於 Kittyhawk
Kittyhawk, Inc. 是熱等靜壓服務的領先供應商，爲包括太空、商業航空航天、國防和醫療應用在內的各種行業提供熱等靜壓服務。
About Trive Capital
Trive Capital is a Dallas, Texas based private equity firm with more than $4 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.
關於 Trive Capital
Trive Capital是一家總部位於德克薩斯州達拉斯的私募股權公司，管理着超過40億美元的監管資產。Trive專注於將股權和債務投資於其認爲具有戰略可行性的中間市場公司，這些公司有可能通過改善運營帶來轉型上行空間。我們尋求通過親身合作來實現回報最大化，這種夥伴關係要求識別和實施價值創造理念。
The Trive team is comprised of seasoned investment professionals who have been involved in over 100 middle-market transactions representing in excess of $6 billion in revenue across Trive's targeted industry sectors and situations.
Trive團隊由經驗豐富的投資專業人士組成，他們參與了100多筆中間市場交易，在Trive的目標行業和情況中，收入超過60億美元。
SOURCE Trive Capital
來源 Trive Capital
譯文內容由第三人軟體翻譯。