Avem Partners Closes Acquisition of FMI Aerostructures, Inc.

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2 min
April 15, 2025
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Avem Partners, a leading private equity firm specializing in lower middle market aerospace and industrial investments, is pleased to announce the closing of its acquisition of substantially all the assets of Dynamic Aerostructures, Inc. and its affiliates, including Dynamic Aerostructures Intermediate LLC and Forrest Machining LLC. True West Capital Partners, alongside a prominent family office, and other high net-worth individuals provided capital in support of this acquisition, which included significant investment from Avem principals and several aerospace industry executives. This acquisition, finalized through a court-supervised sale process, marks a pivotal step for Avem as it continues to expand its footprint in the aerospace and defense sector, while providing FMI Aerostructures with a path forward to stabilize and grow under new ownership.

Under Avem’s ownership, FMI Aerostructures will benefit from Avem’s deep industry expertise, operational support, and financial resources. Avem plans to leverage its extensive network to strengthen FMI Aerostructures’ relationships with key customers, enhance its manufacturing processes, and position the company for long-term success in the competitive aerospace market. The acquisition aligns with Avem’s strategic focus on investing in aerospace and defense companies with strong fundamentals and growth potential, building on its prior success, including the acquisition of Astech Engineered Products, Inc. in 2023.

“This acquisition represents a significant opportunity to revitalize a key player in the aerospace supply chain,” said Mike Fourticq for Avem Partners. “We are committed to working closely with FMI Aerostructures’ team to address past challenges, restore operational excellence, and deliver exceptional value to its customers.”

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