Acorn Growth Companies and The Edgewater Funds have partnered to acquire Tods Aerospace & Defence Ltd., a UK-based company focused on engineering, designing and manufacturing of advanced materials technology for aerospace and naval acoustic structures. No financial terms were disclosed, except that Caltius Capital Management and PNC Bank provided debt financing. Tods will be folded into existing Acorn and Edgewater portfolio company AGC Composites & Aerostructures.www.agcaerospace.com
Bain Capital has agreed to acquire Blackhawk Specialty Tools LLC, a Houma, MORE