Primus Aerospace’s Acqusition of Raloid Corporation

Simpson Thacher represented Primus Aerospace on the deal.

Primus Aerospace announced its acquisition of Raloid Corporation (“Raloid”). The transaction closed on June 15, 2022. The financial terms of the transaction were not disclosed.

Raloid is a precision component manufacturer of parts and subassemblies for commercial aerospace, defense and space systems. The business also provides machining, finishing and assembling services for its customer. Raloid is headquartered in Reisterstown, Maryland, and serves customers nationwide, including Lockheed Martin, Raytheon and Northrop Grumman.

Founded in 1998, Primus Aerospace produces complex machined components and integrated assemblies for the aerospace national defense and space sectors. Primus works directly with OEMs and Tier 1 aerospace, defense, and space companies to develop and implement manufacturing solutions for machined metal parts, with a special emphasis on complexity. Advanced manufacturing capabilities include wire EDM, 5-axis complex machining, electrical discharge machining, heat treatments, helium leak checking, and waterjet cutting for traditional and exotic materials used in hypersonic and space programs

The Simpson Thacher team included Gregory Klein (Picture), Jonathan Conigliari, Mariella McCormack and John Meadows (M&A); Sophie Staples and Lina Pan (Tax); Harry Hudesman and Ryan Kenny (ECEB); Lori Lesser, Melanie Jolson and Mark Natividad (IP); Dennis Loiacono (Real Estate); Michael Isby (Environmental); and Christopher Brown, Mark Haddox and Tina Zheng (Credit). Summer associate Lois Zhang provided valuable assistance.

Involved fees earner: Christopher Brown – Simpson Thacher & Bartlett; Jonathan Conigliari – Simpson Thacher & Bartlett; Mark Haddox – Simpson Thacher & Bartlett; Harry Hudesman – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Ryan Kenny – Simpson Thacher & Bartlett; Gregory Klein – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Mariella McCormack – Simpson Thacher & Bartlett; John Meadows – Simpson Thacher & Bartlett; Carlino Mark Natividad – Simpson Thacher & Bartlett; Lina Pan – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett; Tina Zheng – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Primus Aerospace;

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Author: Youness Semri