# CMI Group acquires Systems 3

CMI Group, a portfolio company of Gallant Capital Partners, acquired Systems 3, a manufacturer of complex parts for aerospace and defense. Monroe Capital provided senior credit facility.

- Type: Acquisition
- Announced: 2021-12-01
- Where: Phoenix, Arizona, United States
- Status: completed
- Products: engine components, APU parts, fuel system components, gears, hydraulics, valves, flight safety components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [CMI](https://endata.com/companies/3441.md) (acquirer)
- [Monroe Capital](https://endata.com/companies/5007.md) (partner)
- [Systems 3](https://endata.com/companies/57697.md) (target)
- [Gallant Capital Partners](https://endata.com/companies/59356.md) (investor)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20211201005366/en/Monroe-Capital-Supports-CMI-Groups-Acquisition-of-Systems-3), 2021-12-01: "Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of System 3 by CMI Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.