The private shareholders of Astro Spar, Inc. have sold the company to PRV Aerospace, LLC for an undisclosed consideration.
Located in Southern California, Astro Spar is a leading, high-speed manufacturer of large, flight-critical, structural components for the commercial aerospace industry.
PRV Aerospace supplies components, subassemblies, assemblies, and repair and overhaul services to original equipment manufacturers of aircraft, aerostructures, aero-equipment, and other defense platforms. PRV Aerospace’s family of companies include: Aero Design & Manufacturing, Arden Engineering, Giddens Industries, Precision Machine Works, Quality Forming and Tell Tool.
Oaklins' aerospace & defense specialist team in California served as the exclusive financial advisor to the seller in this transaction.
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