Simpson Thacher represented funds managed by Angeles Equity Partners in the acquisition of Primus Aerospace, a manufacturer of complex precision components for the aerospace, defense and space sectors. Financial terms were not disclosed.
Angeles Equity Partners is a private equity firm that invests in companies across a wide range of sectors and specifically targets businesses which it believes can directly benefit from the firm’s strategic, operational and M&A capabilities. Primus Aerospace delivers the most complex products, including hypersonics for defense, heavy launch and rockets for space, and avionics for commercial aerospace top airframers.
The Simpson Thacher team included Michael Kaplan, Greg Klein, John Dougherty and Koh Tanimoto (M&A); Sophie Staples and Lina Pan (Tax); Chris Brown, Jim Doyle, Mark Haddox, Cem Islikci and Noah DeBlasi (Credit); Larry Moss and Laura Gallo (ECEB); Melanie Jolson (IP); Michael Isby (Environmental); Krista McManus (Real Estate); Steven DeLott (Insurance); and Mick Tuesley and Jen Ho (National Security Regulatory).