AE Industrial Partners to acquire Belcan Corporation

AE Industrial Partners, a private equity investor in aerospace, power generation and specialty industrial companies, has signed an agreement to acquire Belcan Corporation (“Belcan”), an engineering services and technical staffing provider in the aerospace, power generation and industrial markets. Terms were not disclosed. The transaction is expected to close by the third quarter of 2015. BelFlex Staffing Network, Belcan’s light industrial staffing subsidiary, is not included in the transaction. Belcan is headquartered in Cincinnati, Ohio and has been family-owned since its founding in 1958. Belcan has more than 6,000 employees in 49 locations, including 26 engineering design centers and 23 TechServices locations, serving more than 600 active clients globally.