PMGC Holdings acquires A&B Aerospace for $4.5 million cash
PMGC Holdings Inc.
PMGC Holdings Inc. ELAB | 0.00 |
- PMGC Holdings acquired A&B Aerospace, a California-based precision machining supplier to aerospace and defense customers, for a base purchase price of USD 4.5 million in cash on a cash-free, debt-free basis.
- Consideration included USD 4.28 million paid at closing, with a USD 225,000 indemnification holdback; purchase price remains subject to post-closing cash and net working capital adjustments.
- A&B Aerospace generated about USD 5 million in revenue for the trailing 12 months ended Feb. 28, 2026, with about USD 610,000 in management-adjusted EBITDA.
- Business will continue operating from its Azusa, California facility under a lease signed at closing, with President Jack Badeau staying on under an employment agreement.
- Deal marks PMGC’s fifth acquisition in the past 12 months as it builds a U.S. platform of AS9100D-certified CNC machining businesses serving aerospace, defense, and industrial end markets.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PMGC Holdings Inc. published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.
