Southern California-based FDH Aero, an aerospace and defense products distributor for aircraft production and aftermarket supply chains, has acquired Stealth Aerospace.
Stealth is FDH’s ninth acquisition and the seventh completed since Audax Private Equity invested in FDH in 2017.
Founded in 1995, Stealth is a stocking distributor of aerospace electrical and electro-mechanical components, including relays, switches, connectors, lamps, avionic components, latches, wire, cable and other electrical products to the airlines and aerospace industry worldwide.
Alon Glickstein will continue to lead Stealth’s operations.
Also based in Southern California, Stealth brings to FDH a leader in the U.S. commercial and cargo aerospace aftermarket, strengthening FDH’s ability to serve its global aftermarket customer base, FDH CEO Scott Tucker said.
“Alon and the Stealth team have built a remarkable business servicing many of the world’s prominent aerospace companies,” Tucker said. “We are excited to help bolster Stealth’s growth while continuing to support their reputation for high-quality service as a part of the FDH family.”
Audax has raised over $30 billion in capital across its private equity and private debt businesses. The equity group has invested over $7 billion in more than 140 platforms and over 1,000 add-on companies and is currently investing out of its $3.5 billion, sixth private equity fund.