Alderman & Company Advises Aerox Aerospace Group in Sale to Signia Aerospace
Alderman & Company®, a leading middle-market aerospace & defense M&A banking firm, today announced it acted as the exclusive financial advisor to Aerox Aerospace Group (“Aerox”), a supplier of aviation oxygen systems supporting general aviation, in its sale to Signia Aerospace, a portfolio company of Arcline Investment Management.
Aerox designs and manufactures portable and installed aviation oxygen systems, including OEM-installed systems for aircraft manufacturers, TSO-approved oxygen masks, PMA-certified cylinders, regulators, and a range of oxygen accessories. The company provides system-level capabilities spanning system design, engineering, testing, certification, and life-support system development, as well as components and maintenance, repair, and overhaul services through FAA Part 145 repair station operations.
Scott Ashton, the former owner of Aerox, expressed his appreciation for the firm’s advisory services. “We retained Alderman & Company to advise us on the sale of Aerox because of their deep knowledge of the industry and 25-year track record serving companies just like mine,” said Ashton. “As expected, they did a terrific job. I could not be more pleased with their efforts.”
Bill Alderman, Founding Partner of Alderman & Company, highlighted the significance of the partnership. “Scott and Aerox are the exact kind of client and company that we like to advise,” Alderman noted. “Scott is a highly respected leader in the aviation industry with a 20+ year track record and Aerox has become a trusted brand under his management.”
About Aerox
Aerox is a provider of aviation oxygen systems offering portable and installed solutions, certified products, and MRO services, with capabilities spanning engineering, manufacturing, and life-support system development.
About Alderman & Company® Founded in 2001, Alderman & Company is a sell-side M&A banking firm dedicated exclusively to the middle-market of the aerospace & defense industry. The firm’s client base includes family-owned enterprises, microcap public companies, and private equity portfolio companies. Securities transactions are effectuated by Alderman & Company Capital, LLC, member FINRA & SIPC.
