Commerce, CA-based hardware, C-class components, electrical and electronics products distributor FDH Aero announced June 8 that it has entered into a definitive agreement to receive a majority investment from Bain Capital Private Equity, making Bain the aerospace and defense supply chain solutions provider’s new majority owner.
Audax Private Equity, which has been FDH Aero’s majority shareholder since 2017, is expected to remain a significant investor in the company. Terms of the transaction were not disclosed. The deal is subject to customary regulatory approvals and is expected to close in the second half of 2026.
FDH said the partnership will support its next phase of growth through continued investment in the company’s capabilities, service model and global reach, including organic initiatives and strategic acquisitions. FDH will continue to be led by CEO Ian Walsh and its current management team.
“This partnership marks an important and planned milestone in our growth plans and reflects the strength of our people, our business, and the opportunities ahead to create value for our customers and stakeholders,” Walsh said in the announcement. “With Bain Capital’s deep operational and strategic experience, together with the continued support of Audax, we are well-positioned to continue investing for future growth.”
FDH Aero provides supply chain solutions for aerospace and defense companies, specializing in hardware, electrical products, consumables and expendables, licensed products and value-added services for OEM and aftermarket customers. The company has more than 60 years of aerospace supply chain management experience and operates across the Americas, EMEA and APAC. FDH has more than 1,500 employees in 15 countries and more than 650,000 square feet of inventory space.
Since Audax first invested in FDH in 2017, the company has expanded across five continents, completed 12 acquisitions and broadened its product offering and commercial reach.
Jefferies, RBC Capital Markets and BMO Capital Markets advised Bain Capital and provided committed debt financing. William Blair & Company advised FDH and Audax.
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