Published on: Tuesday, 21 January 2025 ● 2 Min Read
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--JW Hill Capital announced today the sale of Bandy Manufacturing to Novaria Group. Located in Burbank, California, Bandy Manufacturing manufactures complex, close-tolerance hinges and pins that are used on numerous commercial aviation and military platforms.
Founded in 1953, Bandy Manufacturing was acquired by JW Hill Capital from GKN Aerospace in 2017. In 2022, Bandy acquired the assets of LaDeau Manufacturing, founded in 1946. The combination of Bandy Manufacturing and LaDeau Manufacturing created the leading producer of high-precision aerospace hinges and pins.
“It has been an honor to support the Bandy Manufacturing team in expanding the business,” said John Hill, Managing Partner, JW Hill Capital. “The company’s dedicated employees, strong leadership, and committed ownership pave the way for a promising future.”
“JW Hill Capital's unwavering support was instrumental in driving Bandy Manufacturing's growth and success, enabling us to reach new heights,” said Roger Seaman, President and General Manager, Bandy Manufacturing. “As we transition to Novaria, we are excited about the opportunities ahead and look forward to continuing our journey with their partnership.”
D.A. Davidson & Co. and Paul Weisbrich advised Bandy Manufacturing and JW Hill Capital on the transaction.
About JW Hill Capital
Based in Scottsdale, Arizona, JW Hill Capital is an operations-centric private equity firm focused on manufacturing, value-add distribution, and industrial services, with a specialization in aerospace. More information can be found at www.jwhill.com.
About Novaria Group
Novaria Group is a privately held business focused on precision component companies that deliver optimum performance and sustainable growth within the aerospace and defense marketplace. For more information on Novaria’s business units, please visit www.novariagroup.com.
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