Kidd & Company, a private investment firm focused on the middle market, in collaboration with Centerfield Capital Partners, acquired Imaginetics, Inc., a manufacturer of precision metal components and assemblies for the aerospace industry.

Located in Auburn, Washington, Imaginetics has developed a strong track record of growth and an outstanding reputation with its customers, based upon its leading technical capabilities, high quality standards, on-time performance and customer service. The company's current customer base includes Boeing Commercial Airplanes, Boeing Defense Services, Hexcel Corporation, Spirit Aerosystems, and Zodiac Aerospace, among others.

"We are impressed by the breadth of the Company's capabilities, spanning metal fabrication, CNC machining and part-to-part and final assembly, to offer customers a single-vendor solution for a variety of complex manufacturing needs," said Donald M. Hardie, a partner at KCO. "We are excited to partner with the management team to build on the terrific foundation they have created and, together, plan to continue to grow Imaginetics by serving the increasing demands of its customer base."

Centerfield Capital Partners and related parties provided subordinated debt and equity to support the transaction led by KCO. BMO Harris Bank N.A. provided senior debt.

Kidd & Company, LLC is an Old Greenwich, Connecticut-based principal investment firm. KCO traces its roots to 1976 when William Kidd made his first private equity investment. Today, KCO is the private investment arm of the Kidd Family Office engaged in sponsoring private equity transactions in the lower middle market.