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CD&R, Greenbriar to facilitate merger of Paradigm Precision, Whitcraft Group
The Fly

CD&R, Greenbriar to facilitate merger of Paradigm Precision, Whitcraft Group

Clayton, Dubilier & Rice and Greenbriar Equity Group announced definitive agreements under which CD&R-managed funds and funds managed by Greenbriar will invest to combine Paradigm Precision, a global independent provider of complex machining, fabrications and assemblies for engine manufacturers currently majority owned by funds managed by Carlyle, with Whitcraft Group, a manufacturer of precision formed, machined, and fabricated flight-critical aerospace components and current Greenbriar portfolio company. The combination of Paradigm and Whitcraft will create a scaled and diversified manufacturer of complex, high-tolerance components used in commercial and military aviation engines. Terms of the transactions were not disclosed.

Published first on TheFly

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