MRO Magazine

Accelerator Group Advises Aequs Aerospace (India & USA) on the Acquisition of T&K Machine Inc. (USA)


June 18, 2015
By Business Wire News

TROY, Mich.

Accelerator Group LLC (“Accelerator”) is pleased to announce thatits client, global aerospace manufacturing supplier, Aequs Aerospace LLC (“Aequs”) has acquired the operations of Texas based T&K Machine Inc.

Accelerator was the exclusive advisor to Aequs Aerospace LLC. This acquisition marks the first expansion of Aequs Aerospace’s manufacturing presence into the United States.

Mr. Aravind Melligeri, Chairman & CEO, Aequs commented: “Aequs is committed to being an agile and reliable global supplier for our customers and, in line with this, we have become the first Indian aerospace manufacturer to expand into North America. Accelerator Group has been a steadfast adviser to us. Their team’s expertise in global manufacturing, cross border deal making and tenacity have been invaluable during the deal origination and consummation process.”

Aequs Aerospace is a business segment of Aequs Private Limited and specializes in precision machining, sheet metal fabrication, assembly, forging, and special processing for major OEMs and Tier 1 customers. Aequs Aerospace is headquartered in the Aequs Special Economic Zone located at Belagavi, Karnataka, India. The parent company, Aequs, provides precision engineering products for the aerospace, automotive, and oil & gas industries from its facilities in Belagavi, Bengaluru, and Houston and Paris, TX.

Accelerator Group LLC is an investment banking and merchant-banking firm with offices in Troy, Michigan, Miami, FL and Gurgaon, India. The firm specializes in cross border strategic alliances in addition to the domestic alliances in United States and India. Its partners have significant domain expertise in manufacturing (automotive, industrial, aerospace), healthcare (services, devices) and food & agri sectors. Its Knowledge Services Group offers research and analysis services.

Accelerator Group LLC
Seema Chaturvedi, 248-723-0808
Managing Director
seema@agroupllc.com
www.agroupllc.com