WASHINGTON, December 09, 2022--(BUSINESS WIRE)--Forged Solutions Group ("FSG"), a leading provider of complex, precision-forged rings and closed-die products to aerospace and defense customers, has acquired Continental Forge (the "Company").
Founded in 1968, Continental Forge is a provider of precision near-net shape forged and machined solutions to the military and commercial aerospace industries. The Company specializes in utilizing a variety of aluminum alloys and is a key supplier of aerospace components to leading blue-chip customers. With decades of forging expertise, Continental Forge has built a long-standing reputation for the quality, reliability, and performance of its products. Continental Forge, now an FSG company, will continue to be led locally by Mark Haueisen and Jeff Haueisen, sons of founder Charles Haueisen.
Peter Manos, a Managing Partner at Arlington Capital Partners, said, "We are eager to welcome Continental Forge to the FSG platform. The Company has many long-standing customer relationships and has exhibited best-in-class operational performance. We look forward to partnering with Mark, Jeff, and the rest of the Continental Forge team as we embark on this next phase of growth."
Mark Haueisen said, "I am excited to carry on my father’s legacy as part of FSG. With the support and scale of FSG, we plan to expand our capabilities and technical expertise, providing further value to our customers."
"With an experienced management team and storied history, Continental Forge is a great addition to FSG. We look forward to working together to bring the best of our combined capabilities to bear for our customers," said Ben McIvor, President of FSG.
Henry Albers, a Vice President at Arlington Capital Partners, said, "We are excited to complete another highly strategic acquisition for FSG. Continental Forge expands FSG’s manufacturing capabilities into precision near-net shape aluminum forgings and adds many sought-after customer relationships and certifications. We look forward to the growth opportunities this transaction will create for the combined company."
About Forged Solutions Group
Forged Solutions Group provides high integrity forgings for the world’s most demanding applications. From aerospace and energy production, to underground mining and off-highway vehicles, we have forged solutions for advanced manufacturing industries for more than 100 years.
For more information: www.forgedsolutionsgroup.com
About Arlington Capital Partners
Arlington Capital Partners is a Washington, DC-based private equity firm that has managed approximately $7 billion in capital commitments. Arlington is focused on middle market investment opportunities in growth industries including government services and technology, aerospace & defense, healthcare, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field.
For more information: www.arlingtoncap.com
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Peter Manos & Henry Albers
Arlington Capital Partners
5425 Wisconsin Avenue, Suite 200
Chevy Chase, MD 20815