Aurizn has acquired Pacific Aerospace Consulting (PAC) Australia. Through the acquisition, PAC Australia's CEO and co-founder, Eric Rambow, will become an executive directors of Aurizn Group.
“Aurizn has always had a strong vision for growth in the defence sector, filling the space between the primes and the smaller but often highly capable end of the market,” says Aurizn Group CEO Brett Sangster.
“The acquisition of PAC Australia means Aurizn is now firmly established as a Tier 2 defence technology business, with market leading expertise and 300+ capable people.
The acquisition was backed by Pemba Capital Partners. Aurizn and Pemba Capital Partners are now in discussions with PAC's US business about integrating that company. The acquisition of PAC Australia follows Aurizn’s earlier purchase this year of defence commercial specialist McR Defence, with Kain Lawyers acting as the Australian counsel on both acquisitions.
“The mission enablement space is, for example, one area where together we can build out our holistic offering. Aurizn’s existing science & technology focus will be strengthened by PAC’s operational capabilities, and further supported by McR Defence’s strategic expertise."
“Likewise, we are excited about how PAC’s operational expertise in Defence & Aerospace will enable new innovations in Aurizn’s market-leading simulation and training services.”