Edgewater Announces Unitech Acquisition
Edgewater Growth Capital Partners III, L.P. is pleased to announce the recent acquisition of Unitech Holdings, Inc. (“UHI” or the “Company”). UHI designs, develops and manufactures high performance parts and assemblies for the aerospace and defense industries. UHI was formed through a combination of three complementary companies, Unitech Composites, Inc., Integrated Composites, Inc. and Hill Aerosystems, Inc. UHI provides high performance composite and metal parts for all segments of the aircraft industry including new production and aftermarket service for both commercial and defense aircraft. The Company has manufacturing facilities in California, Washington and Idaho and is led by a highly experienced leadership team.
Edgewater has partnered with Acorn Growth Companies, a private equity firm focused exclusively on aerospace and defense companies. UHI is the first investment toward building a leading aerostructures platform. We are seeking to grow through additional acquisitions of composite and metal aerostructures companies.