Arlington Capital Partners has formed a new company after the Washington, D.C.-based private equity firm completed its purchase of Triumph Group™s (NYSE: TGI) forming and fabrication facilities.
Radius Aerospace will run as an independent company and be led by Tony Johnson as CEO, Arlington Capital said Monday.
Johnson, who will also serve on Arlington Capital™s board of directors, will be joined in Radius’ management team by Bill Boyd, chief operations officer, and Tim Lohrenz, chief financial officer.
œRadius represents an attractive opportunity for Arlington Capital to continue its history of partnering with differentiated suppliers in critical positions within the aerospace and defense value chain, said Bilal Noor, a vice president at Arlington Capital.
Hot Springs, Ark.-based Radius Aerospace provides fabrications, metal bonding and other forming capabilities as well as vertically integrated products to original equipment manufacturers and tier 1 aerospace and defense clients.
