ShoreView Invests in Defense Electronics Sector
The Partners of ShoreView are pleased to announce an investment in Aeronix, Inc (“Aeronix”).
Aeronix is a supplier of data transfer, signal analysis, and communications products and related engineering services primarily to the defense industry. Products include ruggedized ethernet switches, tactical data link technology, software defined radios, and signal processing mezzanine cards. Aeronix is headquartered in Melbourne, Florida.
As a component of its growth strategy, Aeronix will actively seek add-on acquisition opportunities of defense electronics companies with complementary product and service offerings.
ShoreView partnered with the management of Aeronix to recapitalize the business. For more information on Aeronix visit its website at www.aeronix.com.
Founded in 2002, ShoreView is a Minneapolis-based private equity firm that has raised over $1.3 billion of committed capital across four funds. ShoreView partners with family and entrepreneur-owned companies across many sectors, including engineered products, distribution, industrial services, business services, healthcare, and niche consumer products. Shoreview structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.