Arxis has completed the acquisitions of Schatz Bearing Corporation and StratEdge Corporation, adding specialized aerospace, defense and space components to its industrial platform.
Arxis completed the StratEdge acquisition on September 1 and the Schatz acquisition on September 2. Financial terms were not disclosed.
Schatz designs and manufactures specialized bearings used in commercial aerospace, defense and space applications. The company will operate within Arxis’ Mechanical Components segment.
StratEdge produces hermetic, high-frequency and high-power ceramic packages primarily for mission-critical defense and space applications and will operate within the Electronic Components segment.
Combined, Schatz and StratEdge are expected to generate more than $40 million in revenue during fiscal 2027.
Arxis was formed in partnership with Arcline Investment Management and focuses on proprietary, mission-critical electronic and mechanical components serving aerospace and defense, medical technology and specialized industrial markets.
Janes Capital Partners advised Arxis on the Schatz acquisition, while Alderman & Company advised Schatz. Stone Canyon Securities served as financial advisor to StratEdge.
KEY QUOTE:
“We are excited to welcome the employees of Schatz and StratEdge to Arxis. Both businesses have built strong reputations in their respective markets through engineering excellence, deep customer relationships, and a consistent commitment to quality. These acquisitions demonstrate the continued momentum of our partnership with Arcline and our ability to execute our disciplined M&A strategy. We see compelling opportunities to invest in both businesses, expand their capabilities and accelerate growth while preserving the cultures and customer focus that have made them successful.”
Kevin Perhamus, President and Chief Executive Officer of Arxis