Alderman & Company Announces M&A Transaction
June 1, 2023
Alderman & Company, M&A bankers exclusively focused on middle market aerospace and defense companies, announced that it has facilitated the sale of Whelan Machine & Tool, LLC to Ajax Defense.
Steve Walker, CEO of Gremada Industries, owners of Whelan, commented, "We selected Alderman & Company to facilitate the sale of Whelan Machine & Tool because of their M&A expertise in the aerospace and defense sector. Their guidance and continued support through the sale process resulted in a successful, smooth transaction for our shareholders."
Bruce Andrews, Managing Director of Alderman & Company, commented, "Whelan is an important member of our national defense industrial base and has a very talented management team and dedicated employees. It was an honor to have served in this regard."
For more information contact:
Whelan Machine & Tool, LLC
134 Rochester Drive
Louisville, KY 40214
502-364-6370
info@whelanmachine.com
www.whelanmachine.com
Ajax Defense
201 King of Prussia Road
Suite 230
Wayne, PA 19087
info@ajax-defense.com
www.ajax-defense.com
Alderman & Company
35 Warrington Round
Danbury, CT 06810
203-947-6047
bh@aldermanco.com
www.aldermanco.com
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