Caltius Mezzanine Provides $30.0 Million to AGC AeroComposites

August 13, 2013

Los Angeles, CA, August 2013 – Caltius Mezzanine is pleased to announce the recent closing of a $30.0 million debt and equity investment to support the acquisition by AGC AeroComposites (“AGC”) of Tods Aerospace & Defence Ltd. (“Tods”). Headquartered in Oklahoma City, OK, AGC is a portfolio company of The Edgewater Funds (“Edgewater”) and Acorn Growth Companies (“Acorn”) and develops, designs, and manufactures high performance composite, metal, and alloy components for the global aerospace and defense industries. Tods, which is based in the U.K., specializes in the engineering, design and manufacture of advanced composite materials technology for aerospace and naval acoustic structures.

“Caltius provided AGC with a creative financing solution that met AGC’s expanded financing needs and enabled speed and surety of close,” noted Rick Armstrong, President & CEO of AGC Composites and Aerostructures. “We look forward to partnering with Caltius to support AGC’s management team in executing on its exciting growth initiatives.”

“We are impressed with AGC’s management team, diverse base of attractive platforms and programs, and strong customer relationships,” stated Rick Shuart, Principal of Caltius Mezzanine. “This transaction further positions AGC to capitalize on a number of meaningful growth opportunities and continue to build scale in this market.”

Based in Los Angeles, Caltius Mezzanine provides innovative capital solutions in amounts of $10 to $75 million to middle market companies throughout North America. Since its founding in 1997, Caltius Mezzanine has invested over $1.0 billion in a broad range of industries to support acquisitions, recapitalizations, buyouts, and organic growth. Caltius Mezzanine is currently investing out of its fourth fund, Caltius Partners IV, LP, a $500 million fund that closed in May 2008. For more information or to refer an investment opportunity, please call us at (310) 996-9585.

Loans made or arranged pursuant to a California Financing Law License, where applicable.