Global aviation sector supply chain solutions firm FDH Aero has completed the acquisition of BJG Electronics Group.
BJG is a leading provider of interconnect and electromechanical products for the defence, commercial aerospace, and space end-markets.
Based in Ronkonkoma, New York, and founded in 1979, BJG serves both OEMs and aftermarket-services providers in the aerospace and defence industry.
FDH said the acquisition of BJG “broadens and deepens” its role in the aviation and defence supply chains, and will provide customers of both firms “access to a more expansive range of products and services”.
Scott Tucker, chief executive of FDH Aero, said: “The combination of FDH Aero and BJG enhances our capabilities in aerospace and defence electronics and advances our vision of being the most trusted supply chain partner to our customers and our suppliers.
“With BJG, FDH Aero can provide an expanded product offering that improves supply chain efficiencies in a market that understands the strategic importance of supply availability and on-time performance.”
Following the acquisition, FDH Aero will establish FDH Aero Electronic Products Group to focus on supply chain performance in the electrical and electronic components product category, alongside its hardware, chemical and consumable franchises for the aerospace, defence, and space end-markets.
Mitch Enright, current president of electro enterprises, which was acquired by FDH in July 2022, will be named president of FDH EPG that will offer an extensive range of interconnect and electromechanical products and services.
Enright said: “The establishment of the Electronic Products Group is a clear indication to our suppliers and customers that FDH Aero will maintain its focus on service, quality, and supply chain excellence.
“These efforts will allow us to better serve our customers and supplier partners while continuing to act as an integral piece of the total FDH Aero solution.”
BJG’s chairman and chief executive Glenn Davidson will move into an active advisory role to support the integration once the deal is closed. Day-to-day operations will continue to be led by the existing BJG team.
Davidson said: “Our BJG team is delighted to be joining with FDH EPG in forming what will be an industry leader focused on service excellence and product expertise. This transaction combines two premier providers of military and aerospace electronic interconnect products.
“I look forward to supporting the integration strategy and working closely with Scott, Mitch, and the entire FDH Aero team to continue to execute on our shared strategic vision.”
Kirkland & Ellis, Holland & Knight, and Crowell & Moring served as the legal advisors to FDH on the transaction. Houlihan Lokey served as the exclusive financial advisor to BJG.