Edgewater Growth Capital Partners III, L.P. is pleased to announce that its portfolio company Unitech Holdings, Inc. (d/b/a “AGC AeroComposites”) recently acquired North Coast Composites, Inc. and North Coast Tool and Mold Corporation (collectively “NCC”). AGC AeroComposites designs, develops and manufactures high performance parts and assemblies for the aerospace and defense industries. The acquisition of NCC marks the fourth acquisition for AGC AeroComposites and further expands AGC AeroComposites’ presence in the engine composites market segment.
North Coast Composites manufactures advanced composites for the aerospace industry using state-of-the-art fabrication of Resin Transfer Molded and Vacuum-Assisted Resin Transfer Molded components. Its partner company, North Coast Tool and Mold Corp., is a designer and manufacturer of quality molds and tools for the aerospace industry and provides innovative solutions including resin transfer molds, lay-up molds, compression molds and plastic injection molds.
AGC AeroComposites is building a global manufacturer of composites and complex metal assemblies for aircraft platforms and is seeking acquisitions that will expand its set of aerostructure capabilities and technologies.