Southwest United Industries is an industry leader that provides one-stop metal finishing for newly manufactured parts as well as repair and overhaul applications for the aviation and aerospace industry.
The Company’s third generation owners were seeking to diversify their net worth and bring on a partner with a balance sheet to provide growth capital for add-on acquisitions.
Based in Tulsa, OK, Southwest United Industries operates a 100,000+ square feet facility that offers one-stop metal finishing for newly manufactured parts as well as repair and overhaul applications. The Company maintains various complex certifications from the FAA as well as approvals from customers spanning the aerospace and defense sectors. Argonaut was introduced to the owners via an existing relationship with the CEO.
Argonaut was brought on to provide liquidity to Southwest United’s owners as well as working capital and a balance sheet to allow a measured but robust approach to acquisitions. During its partnership, the Company expanded with new facilities in Oklahoma, Canada, and Mexico. To accommodate this rapid growth, Argonaut worked closely with Southwest United to professionalize internal systems and processes to ensure a strong foundation for the Company’s future. On the Company’s 60th anniversary of its founding, it completed a successful sale to PCC Aerostructures, a division of Precision Castparts and a Berkshire Hathaway company.
