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GREENWICH, Conn., Aug. 27--Private investment firm Littlejohn & Co., LLC has acquired Synchronous Aerospace Group, a manufacturer of precision-machined parts and integrated kits and assemblies to the commercial and defense aerospace and space markets.

Headquartered in Santa Ana,Calif., Synchronous supplies leading aerospace OEMs and Tier One suppliers with unique and complementary capabilities at facilities strategically located throughout the country.

"Synchronous enjoys strong positions on critical aerospace platforms and has a superb reputation with its blue-chip customer base," said Edmund J. Feeley of Littlejohn & Co in a release. "While most of the company's operations have been successfully serving the same customer base since the 1970s, Synchronous is still relatively young as a combined organization. We believe we can help management to build upon the strong platform and processes they have established over the past several years and accelerate the company's growth."

Synchronous was initially formed in 2002 through Hancock Park Associates'acquisition of Fansteel Schulz Products. Over the following three years, Synchronous grew through six add-on acquisitions, the largest of which, Compass Aerospace, was completed in 2005. Through this series of combinations, the company has broadened its geographic footprint as well as its machining, assembly and kitting capabilities, which serve as a key means of differentiation in the marketplace. The comapny has approximately 650 employees throughout the United States.

Mark Heasley, Synchronous president and CEO, said, "Global customers demand that their suppliers manufacture increasingly complicated parts and systems that require multiple competencies. Our expertise with complex machining, hard-metal fabrication and specialized assemblies makes Synchronous a key partner to OEMs and Tier One suppliers, as they seek to narrow their supply chains."