Tag Archives: Corporation

H-D Advanced Manufacturing Acquires Precision Aero Corporation

Cleveland, Ohio (PRWEB) May 11, 2015

H-D Advanced Manufacturing Company (H-D), a manufacturer of highly engineered, mission-critical components, has acquired Precision Aero Corporation (Precision Aero). Precision Aero manufactures high-precision machined products that are mostly used in the aerospace industry. Precision Aero is the third aerospace company acquired by H-D, joining Sungear and Crown Precision, and the seventh acquisition since H-D was formed in December 2012 by a partnership between The Riverside Company, Hicks Equity Partners and Weinberg Capital Group.

Based in Troy, Ohio, Precision Aero was founded in 1962 and is a market leader in machined products for aerospace wheel and brake assemblies. H-D will seek to extend Precision Aeros products and technology into other aircraft components and industrial end-markets such as commercial trucks. Tom Marchant, Vice President of Operations, will continue to lead Precision Aero under H-Ds ownership.

Precision Aero shares similarities with Crown Precision and Sungear, two of H-Ds existing aerospace businesses, said H-D CEO Chris DiSantis. All three companies provide high-quality products and deliver exceptional customer service to the worlds leading aerospace companies. We see opportunity for significant cross-selling that should benefit all three businesses and their respective customer bases.

Precision Aero owner Tim Smith is excited about the next chapter for the company.

After over 50 years of family ownership, it was important to me to find the right home for Precision Aero. H-D is that home, Smith said. They share our commitment to producing extremely high-quality products and exceeding customer expectations. I am excited to watch Precision Aero thrive with the addition of H-Ds strong financial, operational and business development resources and reach new heights for our customers and employees.

Tom Hicks, CEO of Hicks Equity Partners, said, The H-D platform continues to make excellent progress toward our strategic goals. Precision Aero extends H-Ds reach in the attractive aerospace industry and adds yet another high quality company to the family of businesses.

The addition of Precision Aero will bring benefits to both H-D and Precision Aero, said Riverside Principal Rob Langley.

Precision Aero brings a blue chip customer base, strong technical capabilities and lots of attractive opportunities for growth, said Langley. This addition fits perfectly with our strategy of combining companies with a passion for producing highly engineered, critical components. H-D will provide Precision Aero with access to resources that will enable the company to serve its customers even better.

Precision Aero will join Overton Chicago Gear, Sungear and Crown Precision in H-Ds precision machining division. 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, precision engineered components in aerospace and electromechanical components.

Riverside Origination Principal Scott Gilbertson sourced the transaction for H-D. Jones Day, Doug Deal and KPMG provided legal and accounting advice to H-D. Amherst Partners served as financial advisor and Thompson Hine provided legal advice to the sellers of Precision Aero.

About H-D Advanced Manufacturing Company

H-D Advanced Manufacturing Company manufactures severe duty, high-precision products for mission critical applications. H-D is led by Chris DiSantis, the former CEO of Latrobe Specialty Metals and the former President and COO of Hawk Corporation, and Dale Mikus, the former CFO of Latrobe Specialty Metals. H-D strives to enable its customers to be leaders in their respective industries by providing world class products, excellent customer service, highly responsive lead times and efficient manufacturing operations. H-D’s seven operating companies are organized into two divisions: precision machining and energy consumables.

About The Riverside Company

The Riverside Company is a global private equity firm focused on acquiring growing businesses valued at up to $ 300 million. Since its founding in 1988, Riverside has invested in more than 380 transactions. The firms international portfolio includes more than 75 companies.

About Hicks Equity Partners

Hicks Equity Partners is the private equity arm for Hicks Holdings LLC, a holding company for the Thomas O. Hicks familys assets. With 35 years of private equity experience, Mr. Hicks pioneered the buy and build strategy of investing and founded Hicks Muse Tate & Furst, which raised more than $ 12 billion of private equity across six funds and completed over $ 50 billion of leveraged acquisitions. Hicks Equity Partners looks for established companies with proven track records, strong free cash flow characteristics, a strong competitive industry position and an experienced management team looking to partner with long-term capital.

About Weinberg Capital Group

Weinberg Capital Group is a Cleveland, Ohio-based family office that specializes in acquiring well-positioned middle-market companies. The group has an established track record of success in the ownership and growth of global manufacturing enterprises.

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Pulse Evolution Corporation to Host Investor Conference Call on April 8, 2015

Port St. Lucie, Florida (PRWEB) April 03, 2015

Pulse Evolution Corporation (OTC:PLFX) will conduct its first investor conference call as a publicly listed company, on Wednesday, April 8, 2015 at 11:00am EST, hosted by John Textor, Executive Chairman, who will discuss the following topics:

The Pulse Evolution Business Model, including a discussion of the near-term monetization opportunities associated with the Companys pioneering role in the new form of entertainment, known as Virtual Performance, and the ownership and exploitation of Digital Likeness Rights.
Review of Start-up and Development Stage Initiatives and Operating Results, a discussion of successes, failures and second stage objectives.
Capitalization and Liquidity, including public disclosure of recent Third Fiscal Quarter consummation of $ 3.97 Million financing and rights participation agreements.
Report on Existing Agreements and relationships with the estates of Michael Jackson, Elvis Presley and Marilyn Monroe, including extension and expansion of exclusive relationship with Elvis Presley / Authentic Brands Group.
Capitalization, development and production of The King, an original, full-length musical, featuring a hyper-real animated performance of the legendary musician Elvis Presley. The King is scheduled to open in Q4 of 2016, and then roll out in major cities around the world.
Pending Strategic Partnerships and Acquisitions, including the planned acquisition of important enabling animation technologies, the acquisition of holographic display technologies for the mobile market and the expectation of alignments with specific major entertainment and consumer products companies.
Business Segment Expansion, including the launch of Pulse Biologic, and International Development and Capital Joint Ventures, including current discussions with potential partners in Singapore and Tokyo.

Conference Call and Web-link Details

The conference call will begin at 11:00 EST and will be broadcast live over the Internet and telephone via the following:

Web conference link: https://meetingvisuals.webex.com/meetingvisuals/j.php?MTID=m3af9dafa52d24162a989f9406e39cb3b

Audio conference information: Participants’ toll-free dial-in number (U.S. and Canada):

(855) 803-7434

International dial-in number:

(704) 288-0506

Meeting number: 593 854 105

About Pulse Evolution Corporation

Pulse Evolution Corporation (Pulse or Company) is a next generation technology and intellectual property company, established to produce specialized, high-impact applications of computer-generated human likeness or digital human beings for utilization in entertainment, life sciences, education and telecommunications.

In its first year of operation, Pulse emerged as the leader in the new, globally relevant digital performance industry. The Company acquired the digital likeness rights of three late celebrities – Michael Jackson, Elvis Presley and Marilyn Monroe and produced the Virtual Michael Jackson Show at the 2014 Billboard Music Awards. This performance was broadcast live to more than 11 million viewers and generated (estimate) more than 98 billion Internet impressions in the weeks that followed.

The Company is focusing initially on the entertainment and media marketplace, which is expected to generate $ 2.152 trillion in worldwide revenues by 2017. Pulse plans to produce digital media product that will penetrate every sector of this industry, and be consumed by global audiences on the growing variety of screens and stages available today from theaters and television, tablets and phones, to stages and dynamic live performance venues around the world.

The Companys goal is to expand into life sciences, education and telecommunications and to become the worlds leading developer and producer of digital human beings. Company leadership believes Pulse will accomplish this goal by owning, or materially participating in, the intellectual property rights of a substantial portfolio of human likenesses that produce high-margin, recurring revenues from a broad array of digital human applications around the world. The Company has recently launched a 75% owned subsidiary, Pulse Biologic, to pursue opportunities in surgical simulation, life sciences and medical applications.

Today, the applications for digital humans are obvious and in high demand in the entertainment sector. Tomorrow, digital humans will drive globally relevant – and highly lucrative uses in surgical simulation, military simulation and telecommunications.



Melissa Santiago


Pulse Evolution Corporation

(772) 345-4100

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