Bandy Manufacturing, LLC

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Bandy Manufacturing, LLC - overview

Established

1953

Location

Burbank, CA, US

Primary Industry

Aerospace

About

Bandy Manufacturing, LLC, based in the US, specializes in the design and production of high-quality standard and custom hinges for the aerospace industry, delivering precision-engineered products that meet rigorous industry standards. Founded in 1953 and headquartered in Burbank, US, Bandy Manufacturing is focused on delivering high-quality aerospace components. The company was originally established by Jack Irvin and Kim Wei. In January 2025, Bandy Manufacturing was acquired by Novaria Holdings LLC, a portfolio company of KKR, enhancing their operational capabilities.


The company has completed 2 deals to date, with the most recent deal being on January 21, 2025. Bandy Manufacturing specializes in the design and production of high-quality standard and custom hinges tailored for the aerospace industry. Their core offerings include hinges and hinge components that are meticulously crafted using proprietary drilling processes, allowing for the fabrication of complex, close-tolerance long hinge lengths across a range of materials such as titanium, aluminum, stainless steel, and bronze. These products are essential for various military and commercial aircraft, as well as non-aerospace applications, ensuring functionality, durability, and design precision.


Bandy’s extensive experience, spanning over 70 years in aerospace hinge manufacturing, allows them to deliver responsive prototyping, design for manufacturability feedback, and material selection services to meet the specific needs of their diverse clientele. The company serves a global customer base, supplying products primarily within North America and extending to various international aerospace markets. Bandy Manufacturing generates revenue through direct business-to-business transactions, primarily serving clients within the aerospace sector. Their sales model is centered around the fulfillment of customized orders, with clients typically requiring a high volume of hinges on a recurring basis, thus fostering long-term partnerships.


Transactions are structured to accommodate varying project scopes, with clients ordering specific quantities that align with their production schedules. Pricing structures are based on the complexity and materials of the hinges, with flagship products commanding premium prices due to their advanced engineering and manufacturing precision. Each year, Bandy produces over 100,000 hinges, reflecting their position as a leading supplier in the industry and showcasing their capacity to meet both short-term and long-term demand from their extensive client base. The acquisition by Novaria Holdings LLC is set to enhance Bandy Manufacturing's capabilities and is part of a broader strategy for future growth.


The company plans to introduce new hinge designs tailored for evolving aerospace requirements, with product launches anticipated in the coming years. Additionally, Bandy aims to expand its reach into international markets, specifically targeting Europe and Asia by 2026. The recent acquisition will support these initiatives, providing the necessary resources to innovate and meet the demand in these new regions.


Current Investors

JW Hill Capital

Primary Industry

Aerospace

Sub Industries

Engineering, Aerospace

Website

www.bandymanufacturing.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Bandy Manufacturing, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedBandy Manufacturing, LLC-
Add-onCompletedLaDeau Manufacturing Company-
BuyoutCompletedBandy Manufacturing, LLC-

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Bandy Manufacturing, LLC - employee data

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