H-D Advanced Manufacturing Company, a manufacturer of highly engineered, mission-critical components, has acquired Firstmark Corp., of Richmond, VA, through a cash merger. All Firstmark shares have been converted to a right to receive $9.66 per share in cash, subject to adjustments. TCW Direct Lending and PNC Business Credit provided financing for the acquisition.

With facilities in Creedmoor, NC and Plainview, NY, Firstmark manufactures a variety of highly engineered components and subsystems for the aerospace and defense industries. Through this acquisition, H-D has established its third industry vertical – aerospace technology – building on its established presence in energy consumables and motion control. Firstmark is the fourth aerospace business and eighth company that H-D has acquired since its formation in December 2012 as a partnership among The Riverside Company, Hicks Equity Partners and Weinberg Capital Group.

H-D Advanced Manufacturing continues to seek add-on acquisition opportunities in highly engineered, critical components, including energy related consumable products used in drilling or production related applications, mechanical, electromechanical and electronic components and subsystems used in aerospace and defense and motion control companies.

Riverside Origination Principal Jim Butterfield sourced the transaction for H-D. Jones Day and KPMG provided legal and accounting advice to H-D.  Steen Associates Ltd., of London, and Troutman Sanders LLP advised Firstmark in the transaction.