Acorn Growth Companies, a private equity firm focused exclusively in the aerospace and defense sectors, has partnered with The Edgewater Funds to acquire Paul Fabrications, based in Derby, United Kingdom, which specializes in the manufacture of high-precision and complex metal assemblies for the aerospace, power generation and nuclear fueling industries. The acquisition is the second venture for Acorn Growth Companies and The Edgewater Funds since the partnership was announced early this year. Paul Fabrications will operate as one of four businesses in the Composites and Aerostructures Group of AGC Aerospace & Defense. Read more...