Arcline Acquires Novaria Group for $2.2 Billion

Arcline Investment Management and Novaria Group Collaboration

Based in Fort Worth, Texas, Novaria Group stands out as a provider of engineering-focused aerospace components and specialty operations. Arcline Investment Management has signed a definitive agreement to acquire this leading company for a cash transaction value of $2.2 billion.

Founded in 2011 by CEO Bryan Perkins, Novaria has built a family of reliable suppliers that deliver exceptional performance in the aerospace and defense industry. The company's niche products support over 3,000 customers and can be found on nearly every Boeing and Airbus commercial aircraft.

Arcline stated, "Novaria has a proven track record of identifying, acquiring, and growing niche aerospace products businesses that share a collaborative culture based on innovation and customer service. We are excited to partner with Bryan and the Novaria team to continue this strategy."

Mr. Perkins added, "Novaria is committed to being a lasting and trusted partner in the global aerospace industry. Arcline’s deep aerospace experience and growth mindset align perfectly with Novaria's long-term vision."

Guggenheim Securities served as financial advisor to Arcline, while Ropes & Gray LLP and Paul Hastings LLP provided legal advisory services.