H-D Advanced Manufacturing acquires Sungear

Pittsburgh – H-D Advanced Manufacturing Co. (H-D) has acquired Sungear Inc., a manufacturer of high-precision gears and assemblies for the aerospace industry. Sungear is the fourth acquisition completed under the H-D platform, joining Overton Chicago Gear Corp., a manufacturer of large, high-precision gears and gearboxes, Innovative Mechanical Solutions (iMECH), a manufacturer of highly engineered, custom bearings for the directional drilling motor industry, and Leading Edge Heat Treating Services Ltd., a provider of superior heat treating solutions.

 

Headquartered in San Diego, Calif., Sungear manufactures complex, high-quality, precision gear components for many of the world's leading aerospace suppliers. The company's loose gearing and gear assembly products perform critical functions in engine starters, auxiliary power units, and other applications. Sungear manufactures products for both OEM and aftermarket applications across a broad range of commercial and defense platforms. Sungear's current President, Roger Gizicki, will continue to lead Sungear within H-D's gearing division.

 

"The addition of Sungear's expertise and reputation for quality with some of the world's largest aerospace customers advances H-D's goal of becoming a leading global manufacturer of mission-critical products across a wide range of industries," said H-D CEO, Chris DiSantis.

 

"After over 30 years of growth and relationship development as a family-owned business, I am thrilled to lead Sungear in its next chapter as a part of H-D," said Gizicki. "We are eager to partner with H-D and its tremendous financial, operational and business development resources that can help us take Sungear to new heights for our customers."

 

H-D was formed in December 2012 by a partnership among The Riverside Company, Hicks Equity Partners, and Weinberg Capital Group to acquire and develop manufacturers of mission-critical, precision engineered components. H-D is led by Chris DiSantis, CEO, and Dale Mikus, CFO. H-D is actively seeking acquisition opportunities in gearing, bearing, and other heavy-duty, precision-engineered component sectors.