Patriot Capital Invests in Universal Aerospace Co., Inc.

Patriot Capital is pleased to announce that it has invested in subordinated debt and equity for the support of Strength Capital’s acquisition of Universal Aerospace Co., Inc. (“Universal”).  Universal is a value-added manufacturer of metallic components, fabrications, and assemblies for the commercial aerospace industry.

Located in Arlington, WA, Universal was founded in 1990 as a machine shop but has grown over the years to become a vertically integrated business with a broad set of capabilities.  The Company’s production capabilities include sheet metal cutting, bending, stamping and forming, machining, welding, and assembly.  The Company also has its own captive metal finishing operations. In addition to several actionable organic growth opportunities, the Universal opportunity fits well with Strength Capital’s buy and build acquisition strategy. This is the second investment that Patriot has made alongside Strength Capital.