Aeromax Industries Acquires The Ely Co. Precision Machining

Aeromax Industries, a diversified provider of commercial and military aerospace aftermarket support, has completed the acquisition of The Ely Co., Inc., a precision aerospace machining company headquartered in Torrance, California. The transaction represents Aeromax’s first acquisition since being acquired by private equity firm Chimney Rock Equity Partners. Financial terms of the deal were not disclosed.

The Ely Co., founded in 1955 and family-owned since 1964 by the Senff family, specializes in producing tight tolerance metallic components for both commercial and military aerospace markets. The company’s core capabilities include milling, turning, and assembly of complex-shaped machined components, serving a blue-chip customer base domestically and internationally. Kurt and Wally Senff, current leaders of Ely, will continue to manage the company under Aeromax’s ownership.

Sean Khosrovani, President and COO of Aeromax, stated, “Ely brings valuable precision metallic production capabilities to the Aeromax portfolio. The business fits well into Aeromax’s strategic plan to continue expanding and investing in our manufacturing capabilities. We are excited to welcome Kurt and Wally to the Aeromax family, and are confident that the combination of our organizations will allow Ely to continue supporting customers with the leading quality, reliability, and on-time delivery they associate with the Ely brand.” Wally and Kurt Senff added, “We are proud of the reputation that Ely has built over 60 years of leadership by members of our family, and we are excited to continue leading the organization in this new chapter. Our partnership with Aeromax and its worldwide customer base will allow for exciting opportunities to further invest in Ely’s growth and our employees.”

Aeromax operates across Florida, Texas, and California, providing comprehensive aftermarket solutions including maintenance, repair, overhaul (MRO), manufacturing, and distribution services to aerospace customers worldwide. The acquisition of Ely enhances Aeromax’s manufacturing portfolio by integrating precision machining capabilities that complement its existing operations.

Chimney Rock Equity Partners, a private equity firm focused on the North American lower middle market industrials sector, pursues platform investments in aerospace and defense, industrial products, and niche services. The firm employs a buy-and-build strategy, partnering with management teams to drive value creation through strategic acquisitions and operational improvements.

The acquisition is expected to generate synergies by cross-selling Ely’s precision machining services to Aeromax’s existing aerospace aftermarket customers and expanding Ely’s sales reach through Aeromax’s global network. Operational efficiencies are anticipated through consolidated procurement, shared administrative functions, and optimized manufacturing footprints.

Industry analysts note that this deal strengthens Aeromax’s position in the aerospace aftermarket by broadening its product offerings and geographic presence, particularly in key U.S. aerospace hubs. The integration will require careful alignment of corporate cultures and operational processes to maintain Ely’s brand reputation and customer relationships.

Looking ahead, Aeromax plans to leverage the combined capabilities to enhance service quality and delivery reliability. The company aims to invest in Ely’s growth and innovation while continuing to support its blue-chip aerospace customers worldwide. Regulatory approvals are not expected to pose significant hurdles, and integration efforts are underway.

This acquisition signals continued consolidation in the aerospace aftermarket sector, with competitors likely to respond by expanding their own manufacturing capabilities and service offerings.