Paradigm Precision

Funds managed by Clayton, Dubilier & Rice and Greenbriar Equity Group completed the acquisition and combination of Whitcraft Group and Paradigm Precision, forming a new company called Pursuit Aerospace, a global manufacturer of complex aircraft engine components.

Whitcraft merged with Paradigm Precision in February 2023 to form Pursuit Aerospace. Whitcraft manufactures precision parts for aircraft and engine industries.

Clayton, Dubilier & Rice and Greenbriar Equity agreed to acquire Paradigm Precision from Carlyle and also acquire Whitcraft Group, with plans to combine the two companies into a scaled manufacturer of aviation engine components.

Clayton, Dubilier & Rice and Greenbriar Equity Group announced definitive agreements to acquire and combine Paradigm Precision and Whitcraft Group, creating a scaled manufacturer of aviation engine components. Carlyle will sell Paradigm to the new investor group.

Clayton, Dubilier & Rice and Greenbriar Equity Group announced definitive agreements to combine Paradigm Precision and Whitcraft Group, creating a scaled manufacturer of aviation engine components. CD&R-managed funds and Greenbriar will invest in the combined company, with Carlyle selling Paradigm.