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PE firm AE Industrial Partners buys Triman Industries

Private equity firm AE Industrial Partners LP completed the acquisition of Triman Industries Inc., a distributor of fasteners and electronic components for the military and commercial industries.

Financial terms of the deal were not disclosed.

Triman Industries co-founder and President Scott Truskin will continue to head the company.

Blank Rome LLP acted as legal adviser to Triman Industries in connection with the deal, while Kirkland & Ellis LLP acted as legal adviser to AE Industrial.

AE Industrial focuses on control investments in aerospace and defense, power generation and specialty industrial businesses.