Component Technology Inc Acquired by Monroe Engineering
Benchmark International has successfully facilitated the transaction between Component Technology, Inc, dba CTI Aviation for 100% sale to Monroe Engineering.
CTI Aviation is a distributor of aircraft hardware and rotables to the commercial airline and general aviation segments as well as to the military aircraft sector of the aerospace industry.
Monroe Engineering is a global industrial manufacturing and distribution company offering a broad product line. Monroe is ISO 9001:2008 certified and has a diverse customer base of manufacturers, distributors and catalog-houses across several vertical markets including aerospace/defense, automotive, medical, transportation and many more.
CTI Aviation Founder and President, Steve Jurczak, stated, “I would like to thank the entire Benchmark International transaction team for their hard work on this deal. Throughout the process, they listened to my goals and objectives and ended up finding the perfect buyer for my business. I look forward to partnering with Monroe Engineering and bringing our product line to their customer base.”
Benchmark International would like to thank all parties involved and wishes them the very best for the future.
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Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners achieve their personal objectives and ensure the continued growth of their businesses.