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Recent press releases and 8-K filings for FACT.
FACT II Acquisition Corp. Enters Business Combination with Precision Aerospace & Defense Group
FACT
M&A
Guidance Update
New Projects/Investments
- FACT II Acquisition Corp. has entered into a Business Combination Agreement with Precision Aerospace & Defense Group, Inc. (PAD), dated as of November 26, 2025.
- Precision Aerospace & Defense Group (PAD) is a components manufacturer and services provider for the aerospace and defense sectors, operating through three segments: Engineering & Sustainment, Precision Manufacturing, and Advanced Non-Destructive Testing.
- PAD projects pro-forma revenue of $102.9 million and Adjusted EBITDA of $19.9 million for FY'25PF, with further growth projected to $128.9 million in revenue and $25.1 million in Adjusted EBITDA for FY'26PF, including contributions from planned acquisitions.
- The company's growth strategy is driven by both organic expansion and strategically identifiable acquisitions to enhance capabilities and market presence.
- The completion of the business combination and associated acquisitions is subject to various closing conditions, and failure to meet these could negatively impact future financial performance.
Dec 3, 2025, 1:00 PM
FACT II Acquisition Corp. to Combine with Precision Aerospace & Defense Group, Inc.
FACT
M&A
Debt Issuance
New Projects/Investments
- FACT II Acquisition Corp. (FACT) has entered into a definitive business combination agreement with Precision Aerospace & Defense Group, Inc. (PAD), which will result in PAD becoming a Nasdaq-listed company.
- The transaction implies an enterprise value of up to $320 million for PAD.
- PAD has secured a non-binding indicative term sheet for a potential credit facility and equity financing of up to $80 million from BC Partners, intended to strengthen the balance sheet and fund strategic acquisitions.
- The business combination is anticipated to close in the first half of 2026, with PAD's current shareholders expected to own approximately 59% of the combined company.
Dec 1, 2025, 9:35 PM
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