Mazzone advises Larson Forgings on its merger with Pursuit Aerospace, a portfolio company of Greenbriar Equity Group and Clayton, Dubilier & Rice

Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as exclusive financial advisor to Charles E. Larson & Sons (“Larson” or the “Company”) with respect to its merger with Pursuit Aerospace (“Pursuit”).

Larson is a premier manufacturer of seamless rolled rings and other open-die forgings for use primarily in aircraft engines.  Throughout its 130-year history, the Company has proudly produced mission-critical components for countless flagship aerospace and defense programs.  Larson has been guided by four generations of family management and is poised to build on its legacy in its next chapter of growth.

“Partnering with Pursuit marks an exciting new chapter for our Company,” said Scott Larson, President of Larson and great-grandson of the founder.  “We’re excited to bring additional scale and resources to our customers and employees while continuing to deliver best-in-class forgings.”  Scott Larson further noted, “We trusted Mazzone to lead us through this important milestone, and they proved to be the right partner.”

“Larson has earned a reputation as a trusted supplier of mission-critical components, and they share our commitment to quality, customer service, and long-term relationships,” said Pursuit CEO Doug Folsom.  “This is a natural fit, and we are honored to welcome them into the Pursuit family and support their next phase of growth.”

“It was a privilege to advise the Larson team on this important transaction,” noted Dustin Ramsey, Director at Mazzone.  “This deal highlights our firm’s deep experience in industrial manufacturing and our commitment to helping founder-led businesses achieve exceptional outcomes.”

About Larson Forgings

Larson Forgings was founded in 1895 as a small blacksmith shop producing horseshoes and has since grown into a leading manufacturer of forgings for the aerospace and defense industry.  Larson leverages its AS9100 and Nadcap certified 185,000 sq. ft. Chicago campus to provide seamless rolled rings and other forgings for its blue-chip customer base, which includes both OEMs and tier 1 aerospace engine parts suppliers. The Company’s talented team maintains an unwavering dedication to the quality and dependability of its parts.  For more information, please visit www.larsonforge.com.

About Pursuit Aerospace

Pursuit Aerospace is a leading global manufacturer of complex aircraft engine components.  Formed by the 2023 merger of Whitcraft Group and Paradigm Precision, Pursuit is a scaled and diversified manufacturer of tight tolerance components used in commercial and military aircraft engines.  The company delivers components and MRO services through highly integrated processes and lean production systems.  For more information, please visit pursuitaero.com.