Charger Investment Partners Acquires Advanced Composite Products and Technology, Inc.

January 04 (2021

Charger Investment Partners has acquired a majority stake in Advanced Composite Products and Technology, Inc. (ACPT). Financial terms of the transaction were not disclosed. ACPT is particularly well known for its proprietary composites-to-metal bonding capabilities that paved the way for its groundbreaking composites driveshaft products that are used by the United States Armed Forces and commercial customers alike.

"We are thrilled to partner with Ryan Clampitt, Jim Leslie and the talented ACPT management team," said Aaron Perlmutter, co-founder and Partner at Charger. "ACPT's impressive track record of organic growth and recent program wins in the composites space serve as an outstanding platform for future growth. We expect the enduring category tailwinds in composites to provide meaningful growth opportunities for leaders in this industry. ACPT's long-tenured management team has built the trust of a blue-chip customer base, and we look forward to supporting the Leslie family's continued contributions to the composites industry."

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