# Avem Partners acquires Astech Engineered Products

Avem Partners, a private equity firm, acquired Astech Engineered Products, a designer and manufacturer of aerostructure solutions, with capital support from True West Capital Partners.

- Type: Acquisition
- Announced: 2023-06-05
- Where: United States
- Status: completed
- Products: aerostructure solutions
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Avem Partners](https://endata.com/companies/33979.md) (acquirer)
- [Astech Engineered Products](https://endata.com/companies/70654.md) (target)
- [True West Capital Partners](https://endata.com/companies/70655.md) (investor)

## Sources

- [abfjournal.com](https://www.abfjournal.com/true-west-capital-partners-supports-avem-partners-acquisition-of-astech-engineered-products/), 2023-06-05: "Avem Partners, a private equity firm specializing in lower middle-market aerospace and industrial investments, acquired Astech Engineered Products, a designer and manufacturer of aerostructure solutions."
- [advfn.com](https://www.advfn.com/stock-market/stock-news/91242065/avem-partners-announces-acquisition-of-astech-engi), 2023-06-05: "This acquisition marks a significant milestone for Avem as the firm expands its presence as an aerospace and defense investor."
- [businesswire.com](https://www.businesswire.com/news/home/20230605005041/en/Avem-Partners-Announces-Acquisition-of-Astech-Engineered-Products-Inc.), 2023-06-05: "This acquisition marks a significant milestone for Avem as the firm expands its presence as an aerospace and defense investor."

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