Womble Bond Dickinson (WBD) has advised Aeromed Group, a leading provider of supply chain solutions to the global aerospace and defence industry, on a complex series of simultaneous strategic acquisitions and related financing arrangements, supporting its continued international expansion.
The transactions significantly expand Aeromed Group’s global footprint and capabilities across advanced materials, legacy platform sustainment and international logistics, further strengthening its position in the aerospace and defence market.
The work was delivered by an integrated, transatlantic WBD team across the US and UK, demonstrating the firm’s ability to support complex, multi‑jurisdictional transactions through coordinated, multi‑disciplinary expertise.
In the UK, a WBD team led by Oliver Rickett and Simon Watts advised on the acquisition of HITEK Group, a North Lincolnshire based Group with operating subsidiaries in the UK and South Africa, while also supporting US colleagues on the financing elements of the wider transactions and the group reorganisation.
The transactions included:
- The acquisition of NorcaTec in New York
- The acquisition of Kit Pack in New Mexico
- The acquisition of HITEK Group in the UK
- The establishment of new senior secured and mezzanine credit facilities, and
- A series of equity investments, buyouts, redemptions and company‑wide reorganisation arrangements as part of a significant growth financing raise from MidCap Financial and Gemspring Capital.
The acquisitions add more than 150 employees to the Aeromed Group team and expand the company's capabilities across advanced electronic materials, legacy platform sustainment, and international logistics. Following the transactions, the company will serve customers in more than 70 countries, with an enhanced European presence
Simon Watts, corporate partner at WBD UK and US Desk Head said:
“I was delighted that we were able to support Bob and the wider team at Aeromed Group on this important step in their growth journey as Aeromed builds on its European offering through the acquisition of HiTek Group while continuing to expand within the US. The multi-jurisdictional nature of the transaction also allowed us to demonstrate the strength of our combined firm, with our UK and US teams working together for a significant cross-border client.
That seamless collaboration between our US and UK teams was critical to delivering a successful outcome for Aeromed and is a powerful demonstration of our ability to mobilise the full depth of our transatlantic platform to support clients on their most strategic and high‑value transactions.”
Oliver Rickett, corporate partner at WBD UK, added:
“From a UK perspective, advising on the HiTek acquisition while simultaneously supporting our US colleagues on the wider financing arrangements highlights the strength of both our domestic M&A capabilities and our strong cross-border practice and it is also an excellent example of what our transatlantic firm offers to our clients on both sides of the Atlantic.
Clients increasingly need advisers who can operate across borders and disciplines as one team. This transaction shows how our US and UK teams work as one Firm, delivering joined‑up advice on complex international deals.”
Aeromed Founder & CEO Bob Spence said,
“The Aeromed team is extremely grateful to the entire Womble Bond Dickinson transatlantic team for their work on closing our recent major transactions. In order to achieve simultaneous closings of three acquisitions and a significant refinancing, among other transactions, Womble offered innovative solutions and a pragmatic approach to help Aeromed best achieve our goals.”
The WBD (UK) included Oliver Rickett, Simon Watts, Eleanor Bentley, Becky Brook, Claire Kistner, Danielle Norris, Lewis Sanderson and Hannah Severgnini.
The WBD (US) was led by Patrick Strubbe and included Kate Broome, Mike Cashin, Timothy Faillace, Laura Hoag, Hayden Holliman, Matt Homan, Jim Kearney, Sylvester Kisluk, Caitlin MacDowell, Hee Jae Park, Rich Raleigh, Jake Rifkin, Kristen Tieman, Volod Usov.
