EL SEGUNDO, Calif.--(BUSINESS WIRE)--FDH, a portfolio company of Audax Private Equity (“Audax”), announced it has acquired Societe AHE Inc. (“AHE”), a Montreal, Canada based distributor of aerospace hardware focused on the rotorcraft market. AHE expands FDH’s reach with additional product offerings in the rotorcraft segment, serving a diversified customer base across the globe.
Scott Tucker, CEO of FDH, said “Samy and the AHE team have built an outstanding business in the rotorcraft distribution market. Their industry position serving blue-chip customers provides an exciting compliment to the FDH family.”
Samy Cohen, President of AHE, said “AHE’s partnership with FDH represents the next step in our growth journey. Together with the FDH team, we are excited to leverage our combined resources to accelerate the growth of our business while continuing to provide high-quality service to our customers.”
AHE is FDH’s seventh acquisition, and fifth completed since Audax invested in the company in 2017.
ABOUT FDH
FDH is a leading distributor of c-class hardware and replacement parts to commercial and defense aircraft manufacturers, subcontractors, component distributors, and MRO/aftermarket solution providers. FDH is headquartered in El Segundo, CA and has operations across North America, Europe, and Asia. For more information, please visit www.fdhaero.com.
ABOUT AUDAX PRIVATE EQUITY
Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $26 billion in capital across its Private Equity and Private Debt businesses. Audax Private Equity has invested over $6 billion in more than 130 platforms and over 875 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value. With more than 250 employees and over 100 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website www.audaxgroup.com.
