Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about MidOcean Partners, PSP Investments complete Noranco sale
Private Equity

MidOcean Partners, PSP Investments complete Noranco sale

by posted 3years ago 9606 views
NEW YORK, November 2, 2015 – MidOcean Partners (“MidOcean”), 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 Company’s management team to drive revenue growth and complete two accretive acquisitions. “Our successful investment in Noranco is a perfect example of MidOcean’s strategy to back...