Crosslake Group Announces Sale of Aeromax Group

August 8, 2025 – Fort Worth, TX – Crosslake Group is pleased to announce the successful sale of the majority of its Aeromax Group Platform which includes Aeromax Industries, Inc., Continental Aircraft Support, Inc.and K&S Enterprises, LLC to a private equity buyer with deep experience in the aerospace and defense sectors.

Crosslake Group began assembling its Aeromax Group aerospace platform in 2023 with the acquisition of Aeromax Industries and subsequently added Continental and K&S to create an integrated and specialized group of companies serving mission-critical components and systems in the commercial and defense aviation markets.  Crosslake Group remains a minority equity participant and continues to provide Senior Management services to the platform.

The firm acquired the businesses at a blended entry valuation of 5.2x EBITDA, and it exited the combined platform at a multiple of 10.3x, reflecting significant value creation through strategic integration, operational improvements, and commercial growth.

“We are incredibly proud of the transformation these businesses have undergone under our stewardship,” said a Crosslake Partner. “The management teams at each company have built a foundation for long-term growth, and we’re confident that with our ongoing participation combined with both the resources and industry expertise of the new investor, the Aeromax Platform is well-positioned to achieve its next level of growth.”

Financial terms of the transaction were not disclosed.

Legal Counsel for the sellers was Lewis Brisbois.

About Crosslake Group: Crosslake is an independent private equity and merchant banking firm specializing in value investing in multiple industries, including aerospace and manufacturing, with offices in Seattle, WA, Fort Worth, TX, and New York, NY.