FDH Aero agreed to receive a majority investment from Bain Capital Private Equity. Audax Private Equity, FDH’s majority shareholder since 2017, is expected to remain a significant investor in the company.

The partnership will “support FDH’s next phase of growth with continued investment in the company’s capabilities, service model, and global reach, through both organic initiatives and strategic acquisitions,” the company stated.

FDH will continue to be led by CEO Ian Walsh and the current management team.

“This partnership marks an important and planned milestone in our growth plans and reflects the strength of our people, our business, and the opportunities ahead to create value for our customers and stakeholders,” said Mr. Walsh. “With Bain Capital’s deep operational and strategic experience, together with the continued support of Audax, we are well-positioned to continue investing for future growth.”

Since Audax Private Equity’s initial investment in 2017, FDH has expanded operations across five continents, completed 12 acquisitions that broadened its product offering and extended its commercial reach, and grown revenue.

Bain Capital Partner Ajay Kumar said his firm plans “to continue investing in the company’s capabilities and inventory availability to further strengthen its customer-centric growth strategy.”

The transaction is expected to close in the second half of 2026.

Founded in 1964, Commerce, CA-based FDH Aero specializes in hardware, electrical products, and consumables & expendables for OEM and MRO customers. FDH supports customers through a global platform with more than 1,500 employees and over 650,000 sq ft of inventory space across 15 countries. FDH’s 12 companies include three specializing in fasteners: Aircraft Fasteners International, Blue Sky Industries and Calco Aerospace.