Dynamic Precision Group, a portfolio company of The Carlyle Group, completed the acquisition of eight aerospace component fabrication and machining facilities located on three sites in the US, Canada and the UK from Unison Engine Components, a subsidiary of GE Aviation.
The acquired facilities provide precision manufacturing capabilities for commercial, military and gas turbine engine components to a blue-chip customer base worldwide.
Dynamic Precision Group, based in Florida, is an independent manufacturer of complex components, specializing in the combustion, or “hot section,” of turbine engines used in commercial and military aviation as well as industrial gas turbine applications.
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Dynamic Precision Group and The Carlyle Group were advised in the US by Latham & Watkins LLP with a team of Paul Sheridan, Shaun Hartley, Nicholas Yunes and Travis Shrout (M&A); and in Canada by Stikeman Elliott LLP with a team of John Leopold, Dean Koumanakos and Dana Borshy (M&A); Larry Cobb(environment), Nancy Ramalho (employment and labour), Andrea Boctor (pension and benefits), James Klein (real estate) and Frank Mathieu (tax).
Unison was represented in the US by Weil, Gotshal & Manges LLP with a team of Howard Chatzinoff, Eoghan Keenan and Renee Pristas (M&A); and in Canada by McCarthy Tétrault LLP with a team of David Woollcombe (M&A), Oliver Borgers, Jamie Orzech, Lorraine Allard and Sunil Kapur.