Arcline to Acquire Novaria Group in $2.2B All-Cash Deal

Arcline Investment Management has entered into a definitive agreement to acquire Novaria Group, a Texas-based provider of engineered components and specialty processes for the aerospace and defense industries, in an all-cash transaction valued at approximately $2.2 billion.

Founded in 2011, Novaria has formed a family of suppliers for commercial and defense aviation, with products found across most Boeing and Airbus aircraft in service. The company serves more than 3,000 customers.

How Does the Acquisition Build on Arcline’s Aerospace Investments?

The agreement follows Arcline’s $1.8 billion acquisition of aerospace and defense contractor Kaman in 2024. According to Arcline, Novaria has a history of identifying, acquiring and expanding niche aerospace product businesses that share a common culture of innovation and customer service. The private equity firm expressed excitement about partnering with Novaria CEO Bryan Perkins and the entire Novaria team to continue executing the growth strategy.

What Is Novaria’s Long-Term Vision?

Perkins, who founded Novaria, noted his company’s commitment to becoming an enduring partner to the global aerospace industry. “Arcline’s deep aerospace experience and growth mentality align perfectly with our long-term vision for Novaria,” Perkins commented on the planned acquisition.

Guggenheim Securities served as financial adviser, while Ropes & Gray and Paul Hastings acted as legal counsel to Arcline.

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