Tide Rock, an unlevered buyout firm with a portfolio of diverse, economically resilient B2B businesses, acquired Airsupply Jeyco, a San Diego-based company specializing in tool kitting and maintenance, repair, and operations products and distribution solutions for defense, aerospace, and industrial customers.
The company, which is now called Airsupply Tools, LLC ("Airsupply"), is the only manufacturer to build "white box" kits used by the U.S. Navy and U.S. Marine Corps. The company's patented shadow backgrounds provide permanent and compliant tool control. The company also builds custom tool pouches and custom tool kits that comply with the NAVAIR tool control manual.
Airsupply, through its Jeyco MRO division, has become a one-stop-shop supplier to many of its customers. The company leverages its robust supplier network, featuring major tool brands and thousands of other MRO products, as well as its ability to manufacture custom products, to meet its customers' specific needs.
"We are excited to welcome Airsupply to the Tide Rock family," said Brooks Kincaid, President of Tide Rock. "Airsupply has spent over 25 years developing best-in-class tool kitting solutions critical to its clients. We look forward to supporting the company's continued growth and expanding the availability of its products to end users through further development of its distribution channels."
"With Tide Rock's support, Airsupply will expand its reach, scaling its patented solutions to serve a growing base of aerospace and defense customers," said Sean Hutchens, President of Airsupply. "We have built our reputation as a one-stop shop with quality, reliability, and cost-effective solutions; partnering with Tide Rock and its growth team would give us the resources and expertise to scale.
"This partnership will allow us to continue to focus on providing quality work, on-time delivery, and custom solutions and capabilities that our customers have used to fill the gaps left by in-house maintenance teams and outsourced providers, as well as continue to grow the Jeyco MRO side of the business."
Airsupply has expanded its services over time to include tool kitting, distribution of specialty tools, laser etching and part marking, and waterjet cutting. The company reviews onsite tool use, learns customer workflows, needs, future requirements and develops fit for purpose applications. This can include building modular offices, mezzanines, mobile aisle systems, pallet racks, modular workstations and cabinets. Services can be tailored to a customer's needs encompassing tool vending machines for PPE, consumables, durables, and fasteners, shelf and cabinet-based vendor managed inventory (VMI) for customers that do not have access control requirements, scanner based VMI, and scanner-based customer managed inventory (CMI).
Tide Rock's acquisition of Airsupply deepends its commitment to serving the aerospace and defense sectors and expands its existing portfolio of manufacturing companies that offer high quality, made in the USA products and services.
