LOS ANGELES & LAKEWOOD, Colorado – (BUSINESS WIRE) – Jul 21, 2021–
Angeles Equity Partners, LLC (“Angeles”), a private investment firm focused on creating value through business transformation, today announced that John Chalaris has been appointed to the board of directors of Primus Aerospace (“Primus “). The addition of Mr. Chalaris to the Primus Board of Directors is the final step in supporting the company’s strategic plan targeting the requirements of the Aerospace, Defense and Space (“AD&S”) sectors. for complex precision components and integrated assemblies designed for near-peer threat applications. . Primus serves many of the leading AD&S prime contractors and original equipment manufacturers (“OEMs”) for many of the National Defense Strategy’s most strategic platforms and programs.
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John Chalaris (Photo: Business Wire)
“John’s leadership experience in finance, mergers and acquisitions, operations, IT and human resources in the AD&S sectors makes him a valuable partner for Primus and Angeles as we aim to next phase of business growth, ”said Timothy Meyer and Jordan Katz, Co. – Founders and Managing Partners in Angeles. “We have enjoyed working with John over the past few years and hope he will play a key role at Primus. “
Mr. Chalaris brings to Primus more than 35 years of experience leading functions in finance, mergers and acquisitions, information technology and human resources in public and private companies mainly serving the industrial and AD&S sectors. John previously held CFO positions at FMI, TurbineAero, DYNAMO Aviation, Wencor Group, DeCrane Aerospace, Wesco Aircraft and Landmark Aviation. He was also CFO of GE Aircraft Accessories.
John Chalaris holds an MBA from California State University, Los Angeles, and a BSBA in Accounting and Associate’s Degree in Data Processing from Ambassador College in Pasadena, California.
“I am delighted to be working with the Primus team to help grow the business,” said John Chalaris. “Randy Brodsky and his management team have built a company known for its complex components and integrated assembly capabilities that have consistently secured new business on leading defense and space programs. “
“We are delighted to welcome John to the Primus Board of Directors,” said Randy Brodsky, CEO of Primus Aerospace. “We believe his broad expertise in mergers and acquisitions and aerospace operations is essential, and we look forward to his help in accelerating the company’s growth trajectory. “
About Angeles Equity Partners, LLC
Angeles Equity Partners, LLC is a private equity firm that invests in companies across a wide range of industries and specifically targets companies that it believes can directly benefit from the company’s strategic, operational and M&A capabilities. Angeles’ skill set guides the company’s investment philosophy and, in her opinion, can help companies reach their full potential. Learn more online at www.angelesequity.com.
About Primus Aerospace
Founded in 1998, Primus provides complex products including hypersonics for defense, heavy launches and rockets for space, low orbit satellite communications (LEO / SATCOM) and avionics for the world’s top aircraft manufacturers. commercial aerospace. The company’s mastery of exotic and hard metals has enabled it to manufacture high-complexity, close-tolerance parts and subassemblies for Boeing, General Dynamics, L3Harris, Lockheed Martin, Northrop Grumman, Raytheon and other major original equipment manufacturers. Value-added services include expertise in exotic alloys, assistance with technical design, fabrication, component assembly and integration, and complete management of the manufacturing program to printing. Primus’ experienced team is dedicated to innovation and is distinguished by quality of service, efficiency and value engineering. Learn more online at www.primusaero.com.
This is not an offer or solicitation to sell securities.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210721005302/en/
CONTACT: Trenton Waterhouse
+1 623 523 1672
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA COLORADO
INDUSTRY KEYWORD: TECHNOLOGY ENGINEERING OTHER PROFESSIONAL SERVICES VENTURE CAPITAL AEROSPACE MANUFACTURING FINANCE PROFESSIONAL SERVICES DEFENSE OTHER TECHNOLOGY OTHER DEFENSE CONTRACTS OTHER SATELLITE MANUFACTURING
SOURCE: Angeles Equity Partners, LLC
Copyright Business Wire 2021.
PUB: 07/21/2021 7:00 a.m. / DISC: 07/21/2021 7:01 a.m.
Copyright Business Wire 2021.