01 March 2023
Neuberger Berman Capital Solutions Completes Direct Investment in FDH Aero

New York, NY, , 2023 – Neuberger Berman Capital Solutions (“NB Capital Solutions”) announced a direct growth investment in support of Audax-backed FDH Aero (“FDH” or the “Company”).  FDH is a distributor of c-class parts (e.g., fasteners, wire connectors) to aerospace and defense customers that produce original equipment and operate in the aftermarket. 

The investment by NB Capital Solutions enabled FDH to complete the add-on acquisition of BJG Electronics Group ("BJG"), a leading provider of interconnect and electromechanical products for the commercial, defense, and space end markets.  Following the acquisition of BJG, the Company will establish FDH Aero Electronic Products Group, a division that will focus on supply chain excellence in the electrical and electronic components product category, alongside the company’s hardware, chemical, and consumable franchises.

“FDH Aero offers a compelling value proposition as an independent partner to a diversified base of customers looking for consistent product availability and short lead-times across a broad assortment of c-class parts” said Nikhil Krishnan, Managing Director, NB Capital Solutions. “NB Capital Solutions is excited to participate in this transaction and continue our longstanding partnership with Audax.”

Latham & Watkins LLP served as legal advisor to NB Capital Solutions.

Contact a member of the team to learn more.