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Aeromax Acquires Loutech, Further Expanding Manufacturing Platform

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Aeromax Group (“Aeromax”), a diversified commercial and military aerospace aftermarket support company, announced today that it has acquired Loutech LLC (“Loutech” or the “Company”), a manufacturer of precision aerospace machined components. This is Aeromax’s second acquisition since being acquired by Chimney Rock Equity Partners, LLC. Terms of the transaction were not disclosed.

Headquartered in Chino, California, Loutech manufactures tight-tolerance electrical interconnects and fluid connectors for the commercial and military aerospace market. The Company operates a suite of 5-axis CNC milling machines, as well as 11-axis CNC mill-turns with live tooling. In addition to its machining capabilities, Loutech provides kitting and other value-added services. Loutech was founded in 1986 and acquired by Mark Schelbert in 2022, under whose leadership, the Company has seen significant growth, and today serves some of the most respected names in the aerospace industry. Loutech is AS9100 certified.

Mark Schelbert said, “I have enjoyed leading Loutech’s growth and evolution over the past several years. Our excellent team is deeply focused on supporting our customers, and we have made significant investments in our capabilities to meet their needs. We have spent considerable time working with Aeromax to map future opportunities for Loutech’s customers, and they will have access to a more comprehensive product offering, along with outstanding support.”

Sean Khosrovani, President and CEO of Aeromax, said, “Loutech’s specialty machining capabilities fit well within our strategy to expand Aeromax’s manufacturing platform. Mark has done an excellent job transforming Loutech, and we are excited to be the steward of the business’ next phase of growth.”

About Aeromax

Aeromax is a diversified provider solutions for the commercial and military aerospace aftermarket. With operations in Florida, Texas, and California, Aeromax supports customers worldwide across its MRO, manufacturing, and distribution divisions.

About Loutech

Based in Chino, California, Loutech is a specialty provider of complex-shaped machined components and assemblies for the commercial and military aerospace market, with a focus on tight-tolerance electrical interconnect and fluid connector components.

About Chimney Rock Equity Partners

Chimney Rock is a private equity investment firm focused on the North American lower middle market industrials sector that seeks platform opportunities specifically in the Aerospace & Defense, Industrial Products & Services, and Niche Products & Services end markets. Chimney Rock takes a thematic approach to investing where the firm can create value through a buy-and-build strategy as the first active capital. Chimney Rock seeks to deliver value by partnering with management teams to execute carefully planned and repeatable value creation strategies. For more information about Chimney Rock, please visit www.chimneyrockequity.com.

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