Aeromax Industries, a diversified aerospace aftermarket support provider, has acquired The Ely Co., Inc., a precision aerospace machining company based in Torrance, California. The financial terms of the transaction were not disclosed. The deal marks the first acquisition completed by Aeromax Industries since its own acquisition by Chimney Rock Equity Partners.
Founded in 1955, The Ely Co., Inc. specializes in producing tight-tolerance metallic components for commercial and military aerospace customers. The company focuses on milling, turning, and assembly services and has longstanding relationships with major aerospace clients. Ely has been owned by the Senff family since 1964, and Kurt and Wally Senff will continue to lead the business under Aeromax ownership.
Aeromax said the acquisition enhances its manufacturing capabilities and aligns with its strategy to expand its footprint in aerospace aftermarket services. The company operates across Florida, Texas, and California, providing maintenance, repair, and overhaul, manufacturing, and distribution solutions to customers globally.
The transaction also reflects Chimney Rock Equity Partners’ broader buy-and-build approach in the aerospace and defense sector, targeting platform companies and scaling them through strategic acquisitions.
Support: JANAS Associates served as financial advisor to the seller.
KEY QUOTES:
“Ely brings valuable precision metallic production capabilities to the Aeromax portfolio. The business fits well into Aeromax’s strategic plan to continue expanding and investing in our manufacturing capabilities. We are excited to welcome Kurt and Wally to the Aeromax family, and are confident that the combination of our organizations will allow Ely to continue supporting customers with the leading quality, reliability, and on-time delivery they associate with the Ely brand.”
Sean Khosrovani, President and COO, Aeromax Industries
“We are proud of the reputation that Ely has built over 60 years of leadership by members of our family, and we are excited to continue leading the organization in this new chapter. Our partnership with Aeromax and its worldwide customer base will allow for exciting opportunities to further invest in Ely’s growth and our employees.”
Wally Senff and Kurt Senff, Leaders, The Ely Co., Inc.
