The transaction was implemented on 5 May 2025.
ASDAM is a sovereign defence, advanced manufacturing and sustainment company. It provides end-to-end capabilities in design, engineering, manufacturing, assembly and sustainment. With a portfolio of businesses including Marand, TAE Aerospace, Rosebank Engineering, and Levett Engineering. ASDAM operates across 20 locations in Australia and the United States and employs around 1,000 employees.
ASDAM’s acquisition of Quickstep significantly strengthens its capabilities in supporting defence, aerospace and industrial customers. The integration of Quickstep’s advanced composite technologies positions ASDAM as a key supplier within global defence and aerospace supply chains.
The Gilbert + Tobin team was led by Corporate Advisory partner Alastair Corrigall, with support from lawyers Kim Nguyen and Elinor Bowman.
Speaking on the transaction, Alastair commented:
Integrating Quickstep’s specialist manufacturing expertise marks a major step forward for ASDAM in strengthening its role as a supplier to Australia’s defence and aerospace industries. We congratulate CPE Capital and ASDAM on this milestone.
