DIMO: New Castle military aircraft parts distributor acquired by private equity firm

Acorn Growth Companies, a private equity firm investing exclusively in aerospace, defense, and intelligence, announced the acquisition of DIMO Corporation (DIMO), headquartered in New Castle. Founded in 1994, DIMO is a distributor of operationally critical parts and higher-level assemblies for power, electromechanical, life support and mission-specific aircraft systems, a release stated. "With its reputation in [...]The post New Castle military aircraft parts distributor acquired by private equity firm appeared first on Delaware Business Now.