Blackland Group, LLC is Pleased to Announce the Acquisition of Kessington Machine Products, Inc ('Kessington')

DALLAS, March 1, 2011 /PRNewswire/ -- Kessington (www.kessington.com) is an AS-9100 certified, precision machine products company, serving the aerospace industry for over 30 years. The Company, based in Elkhart, Indiana, specializes in precision production machining of mainly aerospace and linear motion precision components from, primarily, bar steel & aluminum material.  Kessington's products are primarily used in tube and duct fittings for jet aircraft engines, aircraft landing gear, wheel and brake parts and components, and fuel management applications for jet aircraft engines.

Mike George, Blackland Group's President, commented, "Kessington has built a tremendous customer base and an outstanding reputation for delivering high quality components.  This investment represents an important opportunity for us in this sector.  We believe we can add a great deal of value to Kessington and look forward to helping it grow."

Blackland Group, LLC (www.blacklandgroup.com) is a private equity firm specializing in buyout transactions in middle market, lower middle market, under-performing, and mature companies. The firm seeks to invest in aerospace, defense and differentiated niche manufacturers. The firm prefers to invest in the Continental United States. It typically invests between $3 million and $20 million in companies with annual revenue between $10 million and $50 million, a minimum EBITDA of $2 million. The firm prefers to take a controlling interest in its portfolio companies and may co-invest with strategic partners and management.   Blackland Group, LLC is based in Dallas, Texas.

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SOURCE Blackland Group, LLC

RELATED LINKS
http://www.blacklandgroup.com
http://www.kessington.com