AE Industrial Partners buys Brighton Cromwell, Crestwood Technology Group

Private-equity firm AE Industrial Partners said today its portfolio company Triman Industries has acquired Brighton Cromwell and Crestwood Technology Group.

Shareholders from both Brighton Cromwell and CTG will retain significant ownership and remain in leadership roles going forward, according to AEI.

Terms of the deals weren't disclosed.

"The strategic combination of these three highly complementary businesses will form a leading military aftermarket supply chain management platform with significant scale, broad market reach and a unique value proposition for its U.S. and international military customers and more than 85 [original equipment manufacturer] partners," AEI said in a statement.