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Posted on: Nov. 2, 2015, 11:53 a.m.
NEW YORK, November 2, 2015 â MidOcean Partners (âMidOceanâ), a leading mid-market private equity firm, has completed the sale of Noranco Inc. to Precision Castparts Corp on October 30, 2015. Noranco is a leading supplier of complex machined components and assemblies for mission-critical landing gear, aerostructures, and aero engine applications to the aerospace industry. MidOcean acquired the company in April, 2013 with co-investors, and paired its operating resources in the aerospace sector with the Companyâs management team to drive revenue ... Full investment news article