AE Industry Partners to Acquire Belcan

AE Industrial (AEI) Partners, an investor in aerospace, power generation and special industrial companies, has signed an agreement to acquire Belcan Corporation. Belcan is a provider of engineering services and technical staffing.

“Belcan is a world-class operation and the preeminent engineering services business in the jet engine marketplace. AEI has first-hand experience with Belcan’s capabilities and reputation within the large original equipment manufacturers, so we have a special appreciation not only for the Company’s unique niche in the propulsion industry but also for its highly attractive growth potential in related markets,” said David H. Rowe, managing partner of AEI. “Looking ahead, we are excited to work with Belcan’s strong senior management and exceptional global teams on a number of exciting growth opportunities.”

For more information, visit AE Industrial Partners.

Sources: Press materials received from the company and additional information gleaned from the company’s website.