Patriot Capital is pleased to announce that it has invested in subordinated debt and equity for the support of Strength Capital's acquisition of Universal Aerospace Co., Inc.. Universal is a value-added manufacturer of metallic components, fabrications, and assemblies for the commercial aerospace industry.
Located in Arlington, WA, Universal was founded in 1990 as a machine shop but has grown over the years to become a vertically integrated business with a broad set of capabilities. The Company's production capabilities include sheet metal cutting, bending, stamping and forming, machining, welding, and assembly. The Company also has its own captive metal finishing operations. In addition to several actionable organic growth opportunities, the Universal opportunity fits well with Strength Capital's buy and build acquisition strategy. This is the second investment that Patriot has made alongside Strength Capital.
About Patriot Capital
Patriot Capital is a leading source of growth capital for middle-market companies seeking to finance business expansion, acquisitions, management buyouts or balance sheet recapitalizations. Patriot Capital is focused on debt capital and minority equity investments. Our senior deal professionals each have over 20 years of diverse corporate finance experience. We provide companies with capital and seasoned business judgment for transactions.
Patriot Capital utilizes a disciplined investment strategy developed over many years that focuses on capital preservation, consistent earnings growth and income generation. Patriot Capital has invested in and managed companies successfully through varying periods of economic expansion and contraction. We understand and employ successful strategies and tactics needed to guide our companies through these periods.