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Livingstone Strikes Deal for Missile Defense & Rocket Specialist
Advises Beranek on sale to J&E Precision Tool, an LFM Capital portfolio company
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CHICAGO, May 6, 2021 /PRNewswire/ Livingstone is pleased to announce the sale of Beranek, LLC ( Beranek or the Company ), a precision manufacturer of technical components for the aerospace & defense, and space exploration markets, to J&E Precision Tool ( J&E ), a portfolio company of LFM Capital ( LFM ). Livingstone was the exclusive financial advisor to Beranek. Terms were not disclosed.
Founded in 1978 and based in Torrance, California, Beranek is a second-generation family business serving blue-chip defense prime contractors and global aerospace customers that require high cost-of-failure parts for complex systems, manufactured to exacting specifications. The Company s components are utilized in military aerospace, space rocket engines & firing systems, and commercial air