Sell Side Advisor

Duff & Phelps Aerospace Defense and Government Services M&A Practice Advised Impresa Aerospace on Its �363 Sale to Crestview Aerospace

On January 4, 2021, Impresa Aerospace, LLC (“Impresa” or the “Company”) sold substantially all of its assets to Crestview Aerospace, LLC (“Crestview”), a portfolio company of American Industrial Partners (“AIP”), pursuant to Section 363 of the U.S. Bankruptcy Code. Impresa filed for Chapter 11 bankruptcy protection in September 2020.

Duff & Phelps served as the exclusive financial advisor to Impresa Aerospace in connection with the §363 sale transaction.

About Impresa Aerospace, LLC 
Impresa Aerospace is a leading tier-1/tier-2 supplier of critical machined components to the global aerospace industry. The Company provides complex, small and medium sized precision machined airframe components and assemblies in aluminum, titanium, nickel and other specialty materials for the commercial aerospace, military, and business jet end markets.

The Company has strong relationships with tier-1 and tier-2 suppliers, working collaboratively with customers across a diverse mix of platforms, including the Boeing 737 Max and 787, Lockheed Martin F-16, and the Boeing AH-64 Apache. Morris, Nichols, Arsht & Tunnell LLP served as legal counsel to the Company.

About Crestview Aerospace, LLC
Crestview Aerospace manufactures complex assemblies primarily for the aerospace defense sector. Crestview offers an integrated manufacturing process that delivers fabricated parts, in-house processing, and complex assemblies for both fixed and rotary‐wing aircraft. Crestview serves leading OEMs such as Boeing, Bell, and Northrop Grumman on key programs including CH-47, V-22, and E-2. Headquartered in Crestview, Florida, Crestview Aerospace employs approximately 300 professionals. Fredrikson & Byron, P.A. served as legal counsel to Crestview Aerospace.

About American Industrial Partners 
American Industrial Partners is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, AIP has completed over 100 transactions and currently has more than $7 billion of assets under management on behalf of leading pension, endowment, and financial institutions.

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