Private equity firm Graycliff Partners LP completed the sale of 901 D LLC to Curtiss-Wright Corp. for $132 million.

Lincoln International was financial adviser to 901D.

901D designs and manufactures mission-critical integrated systems to U.S. Navy shipbuilders.

Graycliff Partners also announced it closed Graycliff Private Equity Partners IV LP at its hard cap of $350 million in limited partner commitments in December 2019. The fund will make control buyout investments in lower middle-market companies.