LBA Capital Advisors

Aerospace & Defense

Amfuel

Amfuel is a manufacturer of mission-critical fuel cells serving US defense platforms.

Year
2018
Status
Realized

Overview.

Amfuel is a manufacturer of mission-critical fuel cells serving US defense platforms.

The Situation.

LBA acquired Amfuel in 2018 through a Section 363 bankruptcy process, a complex transaction that required speed, certainty, and deep restructuring experience.

Our Partnership.

Working alongside a strengthened leadership team, LBA stabilized operations, reinvested in production quality, and rebuilt customer confidence across defense programs.

Outcome.

Amfuel emerged as a healthier, growing business with modernized operations and a durable position in the defense supply chain. The investment was realized in 2025.

Status.

Realized, 2025.