MidOcean Partners Invests in Aerospace Supplier Noranco
Pickering, Ontario-based Noranco Inc., a supplier of complex machined and sheet metal components and other products to the aerospace industry, has received a significant undisclosed equity investment from an investor group led by U.S. private equity firm MidOcean Partners. Noranco has been a portfolio company of Canadian small-cap buyout firm Bedford Capital since 2008. The company made five acquisitions, including its 2011 buy of Premier Precision Group’s Stewart Machining and Jet Processing operations located in Phoenix, Arizona.
5 April 2013•3 mins read
