AMBEL is a full line contract precision machining company which has been in business since 1969. The Company, located in Bethel Connecticut, supplies specialty components to U.S. manufacturers of aerospace, oil & gas, medical, and semiconductor manufacturing equipment. A substantial portion of the Company volume is in high quality components for jet engines for both the military and commercial airline industries; including spacer assemblies, seals, sealing rings, shrouds, gear boxes, and housing assemblies. Additionally, the company manufactures brackets and floor bases and other high tolerance
components for the medical equipment industry. A leading manufacturer of semiconductor manufacturing equipment relies on AMBEL to provide certain original parts components and replacement parts for the company’s products. After completing a substantial recapitalization of the company in a prior year CRP was retained as the exclusive agent to sell the company. After an extensive and targeted marketing effort to primarily strategic acquirers CRP negotiated and closed a sale of AMBEL to Magellan Aerospace U.S.A. a subsidiary of Magellan Aerospace a global enterprise providing integrated products to the aerospace industry worldwide.