Continental Forge Company Acquired by Forged Solutions Group

IRVINE, California, December 7, 2022 – KCM Securities, LLC d/b/a Keystone Capital Markets (“Keystone”) is pleased to announce that Continental Forge Company (“CFC” or the “Company”) has been acquired by Forged Solutions Group (“FSG”), a portfolio company of Arlington Capital Partners. Keystone served as exclusive mergers and acquisitions advisor for Continental Forge Company.

Founded in 1968, Continental Forge Company is a provider of precision forged and machined solutions to the military and commercial aerospace industries. The Company specializes in precision forgings utilizing a variety of aluminum alloys and is a key supplier of aerospace components to leading blue-chip customers. With decades of forging expertise, CFC has built a long-standing reputation for the quality, reliability, and performance of its products.

After evaluating a variety of strategic and financial partners, ownership decided to proceed with FSG, which brought a compelling proposal to the table. The Seller commented, “Given the multi-decade family ownership of CFC, it was extremely important to ownership that the Company would end up in the hands of an acquirer with strong knowledge of the Company’s business, and which would also maintain the legacy created by the Company’s founder. Keystone not only found a variety of relevant acquirers to consider, but was also a persistent and strong advocate for ownership’s strategic and liquidity objectives.”

“CFC is recognized for its long-standing reputation for the flight-ready quality, reliability, and performance of its aluminum-based products, reflecting decades of forging expertise and technical leadership,” said Allan Siposs, Managing Director at Keystone. “We look forward to the Company’s continued success and to the next level of its evolution as part of FSG.”

“CFC expands FSG’s metals capability set and adds valuable customer relationships in key aerospace and defense markets,” said Erik Choy, Director at Keystone. “We are pleased to have found a strong partner that will leverage the growth opportunities created with the new business combination.”