Morgenthaler Private Equity Announces the Sale of Avtron Aerospace

11-Dec-2013 Morgenthaler Private Equity ("MPE"), the Cleveland and Boston-based private equity team focused on lower middle market buyouts, announced today that it has sold Avtron Aerospace, Inc. ("Avtron Aerospace" or the "Company") to CapitalWorks, a Midwestern and family-focused private equity firm based in Cleveland, Ohio. Avtron Aerospace is a leading designer and manufacturer of electrical, electronic, and hydraulic aircraft component test solutions for the global commercial and military aerospace markets. The Company's products and solutions serve blue chip customers across the entire aerospace supply chain including aircraft manufacturers, aircraft component OEMs, commercial airlines, independent MRO providers, and foreign and U.S. military forces.