Littlejohn Capital Expands Its Portfolio with 3P Processing Acquisition
In a significant move in the aerospace sector, Littlejohn Capital, LLC announced today the successful acquisition of 3P Processing, a reputable provider known for its specialized metal processing and finishing solutions. This acquisition is poised to enhance the existing capabilities of Littlejohn Capital and solidify its foothold in the aerospace industry.
About 3P Processing
Established in 1974, 3P Processing has been at the forefront of delivering high-quality surface finishing and metal processing services. Based in Wichita, Kansas, the company specializes in handling complex metal components made of aluminum, titanium, and steel. With a comprehensive array of services such as masking, chemical processing, and non-destructive testing, 3P Processing has positioned itself as a pivotal player in supporting not just the commercial sector but also business aviation and defense.
3P Processing has earned multiple NADCAP certifications and more than 20 OEM approvals from industry giants like Boeing, Gulfstream, and Lockheed Martin. These accolades underscore the company's commitment to quality and reliability in a field where precision is crucial.
Strategic Growth Opportunities
Terry Karst, the Chief Executive Officer of 3P Processing, shared insights on the acquisition, stating that the company's 50 years of experience in metal finishing have equipped them to offer unparalleled solutions to the aerospace sector. He expressed enthusiasm about joining forces with Littlejohn Capital, emphasizing the potential for growth by leveraging the existing market opportunities.
According to Angus C. Littlejohn III, President of Littlejohn Capital, the integration of 3P Processing into their portfolio is expected to further enhance their ability to meet challenging processing needs in the aerospace industry. He noted that the firm's commitment to quality and efficiency has earned it a leading position in the market and established long-term relationships with clients.
Transition and Future Plans
As part of the acquisition process, Littlejohn Capital plans to implement strategies that will broaden 3P Processing's market reach. There are already identified opportunities that both teams aim to pursue together. Through continued investment and innovation, Littlejohn Capital and 3P Processing envision a collaborative future marked by growth and excellence in service delivery to aerospace customers.
With Baker Hostetler serving as legal counsel for Littlejohn Capital and KAL Capital advising on financial matters for 3P Processing, this acquisition stands as a testament to strategic planning and foresight in an evolving marketplace.
Conclusion
This acquisition marks an important milestone for Littlejohn Capital, enabling the firm to enhance its operational capabilities in a high-demand industry. The commitment to quality and the wealth of experience offered by 3P Processing are expected to create a synergy that will not only benefit both organizations but also set a new standard in the aerospace metal processing sector. As they embark on this new journey, both companies are optimistic about the future and the potential for deeper market engagement and innovative service solutions.
For more detailed information about 3P Processing, visit their website at
www.3pprocessing.com. Similarly, insights into Littlejohn Capital's investment strategies can be found at
www.littlejohncapital.com.