Ducommun will use existing revolver to acquire BLR Aerospace

Chicago, March 21 – Ducommun Inc. said that it would use its existing revolving credit facility for its upcoming acquisition of BLR Aerospace, which was announced in a press release on Tuesday morning.

Completion of the acquisition is expected during the second quarter.

The purchase price is $115 million, net of cash acquired.

B. Riley Securities, Inc. acted as the exclusive financial adviser to Ducommun on the transaction and Winston & Strawn, LLP served as legal adviser to Ducommun.

Houlihan Lokey Capital, Inc. served as financial adviser to BLR.

Los Angeles-based Ducommun provides engineering and manufacturing services to the aerospace, defense and other industries. BLR is a provider of aerodynamic systems.

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