Precision Aerospace & Defense Group Acquired by FACT II Acquisition | Industrials M&A Deal

FACT II Acquisition has completed the acquisition of Precision Aerospace & Defense Group, a industrial services other business in Kansas, for $175 million. Precision Aerospace & Defense Group provides aerospace and defense engineering and manufacturing services, including non-destructive testing and inspection solutions for space programs, with operations tied to Kansas demand. FACT II Acquisition acquisitions target industrials M&A opportunities by adding a defense-focused platform with growing backlog, new customers, and engineering and sustainment work. The merger acquisition is structured as a public company acquisition by FACT II Acquisition, a SPAC, and an amended Form S-4 filing was made with the SEC to support the proposed business combination.