Holland & Knight Advises FDH Aero on Acquisition of Calco Aerospace

MIAMI (January 4, 2022) – Holland & Knight represented Audax Private Equity and its portfolio company FDH Aero in the acquisition of Calco Industries, LLC (Calco Aerospace) from founders Charlie and Lisa Gralapp. The deal was completed on Dec. 29.

Fort Worth-based Calco is a leading supply chain partner to OEMs in the military and commercial aerospace markets. The acquisition meaningfully strengthens FDH’s position in the military rotorcraft supply chain and presents an opportunity to accelerate growth with new and existing customers as a complement to FDH’s existing military rotorcraft exposure.

Audax is a leading middle market private equity firm with offices in Boston, New York and San Francisco. The firm has invested over $8 billion in more than 150 platforms and over 1,000 add-on companies. Headquartered in El Segundo, Calif., FDH Aero is an aerospace and defense products distributor serving aircraft production and aftermarket supply chains.

Holland & Knight Partners Aaron Slavens and Seth Belzley led the firm’s representation of Audax and FDH Aero. They were assisted by Associates Mark Jones, Brandon Palacio and Richard Jaramillo.

Holland & Knight's corporate practice is ranked as a national first-tier firm in Leveraged Buyouts and Private Equity Law, Corporate Law and M&A Law in the 2022 U.S. News – Best Lawyers "Best Law Firms" guide. The firm is consistently ranked among the Top 25 law firms in the nation advising on U.S. M&A transactions by deal count in Refinitiv and other league tables. Through the HK Deal Flow® program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.