GenNx360 carves out DRT Aerospace as it bets on A&D supply chain
What's the deal? New York-based private equity firm GenNx360 Capital PartnersDealroom has a profile for this one. Try Dealroom → has acquired DRT Aerospace, a carve-out from DRT Holdings LLCDealroom has a profile for this one. Try Dealroom →, the firms announced on November 12, 2026. Terms were not disclosed.
What does DRT do? It manufactures precision machined components for the aerospace, defense, space, and industrial gas turbine markets, with a focus on aerospace engine parts. Headquartered in Cincinnati, Ohio, DRT runs facilities in Connecticut, Ohio, and South Carolina, and employs roughly 250 people.
What's the money for? The company plans to expand its team and manufacturing capacity and deepen its positions on key defense programs. GenNx360 also intends to pursue acquisitions to build what it called an "industry-leading platform."
Why now? GenNx360 partner Pratik Rajeevan, who led the deal, cited "record backlogs from OEMs" across commercial aerospace, defense, space, and industrial gas turbines. He said the investment fits the firm's thesis on the aerospace and defense supply chain, a sector it believes "will benefit from significant tailwinds in the coming years."
Who's backing it? GenNx360 led the deal and manages about $3 billion in capital. Founded in 2006, it targets US lower middle market industrial and business services companies, and recently closed its fourth flagship fund at $865 million.
The signal: The carve-out lands amid heavy private-equity consolidation in the aerospace aftermarket, where resilient repair demand from aging fleets has drawn investors to scalable platforms. In 2026, sector deals included AARDealroom has a profile for this one. Try Dealroom →'s planned $4 billion move for control of MRO HoldingsDealroom has a profile for this one. Try Dealroom →. GenNx360's buy-and-build plan for DRT fits that playbook.
Read more: morningstar.com
Image credit: Generated with Gemini