Charger Investment Partners expands composites platform, acquires Unitech Composites
Unitech Composites joins two other acquisitions to form Apex Space & Defense Systems.
Photo credit: Apex
Charger Investment Partners (El Segundo, Calif., U.S.), a private equity firm specializing in investments within the industrial, services and consumer industries, has acquired Unitech Composites (Hayden, Idaho, U.S.).
Unitech has a history in aerospace and defense and was the original composite supplier to NASA’s Space Shuttle program. With a focus on fixed-wing and rotary aircraft for the defense sector, Unitech demonstrates aptitude in complex composite lamination and machining to extremely tight tolerances.
Unitech joins two of Charger’s acquisitions, Advanced Composite Products & Technology and All American Racers, to form Apex Space & Defense Systems (Apex, Los Angeles, Calif., U.S.). Apex and its three business units deliver lightweight and durable material manufacturing solutions for the space, defense and mission-critical infrastructure sectors.
“Collectively, we now have access to a much larger group of engineering, quality and manufacturing resources,” says Tracy Glende, Apex CEO. “We will be working in core teams across the organization to leverage the broad capabilities, strengths and experience of each business unit. We look forward to enhancing the services and solutions we can offer Apex customers.”
Each of the Apex business units brings more than 40 years of experience in composite and lightweight material manufacturing. Together, they comprise more than 400 team members and 300,000 square feet of manufacturing facilities with capabilities across advanced hand layup, filament winding and complex machining/fabrication.
