Blackland Group, LLC Acquires Prikos & Becker Tool Company

DALLAS, Dec. 14, 2011 /PRNewswire/ -- Dallas based private equity firm, Blackland Group  added to its aerospace component manufacturing platform, Kessington Holdings, LP  acquiring Prikos & Becker Tool Company.  Prikos & Becker, based in Skokie, IL,  specializes in "intricate" assemblies requiring metal fabrications produced through a variety of internal processes including stamping, forming, laser cutting, machining, spot welding and laser welding. The Company has a particular expertise in producing thin gauge stainless steel parts to close tolerances.  Prikos & Becker's mix of capabilities have enabled them to develop a particular expertise in manufacturing landing gear heat shields on a large number of aircraft platforms.  Additionally, the Company produces parts such as brake brackets and components, radio brackets, clamps and covers, missile and bomb parts, aircraft engine components and aircraft wheel parts.  Prikos and Becker was represented by Falcon Advisors, LLC.

According to Mike George, Blackland Group's President, "Blackland is committed to building a leading manufacturing platform in the aircraft wheel & brake and engine component sectors.  Prikos & Becker is an excellent addition and provides a set of unique capabilities and reputation built over 50 years in the aerospace industry.  It is a tremendous fit with Kessington."

About Blackland Group, LLC

Blackland Group, LLC (www.blacklandgroup.com/about.html) is a private equity firm specializing in middle market and lower middle market buyout transactions. 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.