LAI International sells minority equity position through recapitalization with RLJ Equity Partners

LAI International
LAI International, Inc. is a leading contract manufacturer of make-complete precision-engineered components and assemblies for aerospace, power generation, defense, medical and other advanced technology industries. The companyʼs technology, engineering and manufacturing solutions are used to build components for airframes,
aircraft engines, power generators, defense systems, medical devices and other industrial applications.

LAI has developed strategic relationships with leading global OEMs and operates five U.S. manufacturing facilities, with locations in Fridley, Minnesota, Phoenix and Tucson, Arizona, Westminster, Maryland, and
Scarborough, Maine – all of which are IS0 9001:2008 and AS9100 certified. The company also offers NADCAP-certified non-conventional machining processes. For more information, visit

RLJ Private Equity Partners
Founded in partnership with The Carlyle Group, RLJ Equity Partners specializes in middle-market leveraged buy-outs, leveraged recapitalizations, and growth equity investments. RLJ Equityʼs strategy is to make control investments in companies with enterprise values between $50M and $250M within the aerospace/defense; automotive /transportation; business services; consumer/retail; general industrial and media sectors. For more information please visit

Spell Capital Partners, LLC is a private equity buyout firm located in Minneapolis, Minnesota. We make $3
million-$20 million equity investments in well-managed, historically profitable manufacturing businesses. The firm has special expertise in plastics and metal fabrication industries. Strategic add-on investments for our existing portfolio companies can be smaller. Spell is fully invested in its third fund and will be going to market with Spell Capital Partners Fund IV, LP in January 2010.

For more information about this transaction, please contact Jim Rikkers, Managing Director, at

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