Yankton, S.D.-based Aviation Manufacturing Group LLC, dba The Freeman Company, has been acquired by JLL Partners, a New York private equity firm.
Cleary Gull Inc. in Milwaukee served as exclusive financial advisor to The Freeman Company in the transaction.
Aviation Manufacturing makes swaged tubular components and precision machined parts and assemblies for original equipment manufacturers and tier 1 and 2 suppliers in the aerospace industry.
JLL Partners manages a series of private equity funds aggregating about $3 billion in committed capital.