...Astro Spar, Inc. (“Astro Spar” or the “Company”), a manufacturer of long, complex, precision-machined components and assemblies for the commercial and military aerospace industries. Debt financing for the transaction was provided by GE Antares Capital and Ares Capital Corporation. AeroAdvisory, LLC provided strategic advice and due diligence and purchase agreement negotiation support to PRV Aerospace management. Janes Capital Partners acted as exclusive financial advisor to Astro Spar.

“The capabilities of Astro Spar, its aircraft platform positions, the strength of the management team and a strong presence in the commercial aerospace market fit well with our existing businesses and overall strategic direction,” said Richard Wood, CEO of PRV Aerospace. “We look forward to partnering with the Astro Spar management team, which will continue to be led by Omar Khan, and the employees, to build on the Company’s excellent reputation and further expand the range of products and services we offer to our customers.”