Arcline Investment Management to Acquire Avantus
HAYES,
Avantus products are embedded on virtually every major commercial, business jet, and defense aircraft platform in production today, serving over 1,600 customers worldwide with more than 25 million units delivered annually. Through its eight established brands, Avantus is a leader in the manufacture and design of engineered shims, solid fillers, and detail parts used to manage critical gaps during aircraft production, as well as a range of specialty fasteners, including captive screws, structural bolts, headed pins, and complex engine fasteners.
Arcline commented, "Avantus has built a remarkable platform across product categories where operational excellence, qualification depth, and reliability are critical. The Company's positions on the most important commercial and defense aircraft programs make it an ideal addition to the Novaria family. We look forward to partnering with the Avantus and Novaria teams to support continued investment in its business, people, and products."
Lazard is serving as financial advisor to Arcline, and Ropes & Gray LLP is serving as legal counsel. Perella Weinberg Partners is serving as exclusive financial advisor to Avantus and Inflexion, and Willkie Farr & Gallagher LLP is serving as legal counsel.
About Arcline Investment Management
Arcline Investment Management is a private investment firm with over
About Inflexion
Inflexion is a leading European mid-market private equity firm with €20bn under management investing in high growth, entrepreneurial businesses with ambitious management teams and working in partnership with them to accelerate growth. Inflexion's flexible approach allows it to make both majority and minority investments in businesses typically valued from €50m to €1bn+. Read more at www.inflexion.com.
About Novaria Group
Founded in 2011 and headquartered in
About Avantus Aerospace
Avantus is a leading manufacturer of mission-critical aerospace materials and components, including engineered shims, detail parts, and specialty fasteners. Avantus is headquartered in the UK with operations across the U.S. and Europe, and serves over 1,600 active customers, including all major commercial and defense OEMs and Tier 1 suppliers, delivering more than 25 million parts annually across 37,000+ active SKUs. The company comprises eight operating brands: Lamsco, Attewell, Bolsan, ShimCo, and PSC Global in engineered shims and detail parts; Fastener Technology Corporation (FTC), Fastener Innovation Technologies (FIT), and CalScrew in engineered fasteners.
Contact Information:
[email protected]
www.arcline.com
Contact (For Press Inquiries Only):
Kate Thompson / Tim Ragones / Alexander Wolfsohn
Joele Frank, Wilkinson Brimmer Katcher
[email protected]
(212) 355-4449
View original content:https://www.prnewswire.com/news-releases/arcline-investment-management-to-acquire-avantus-302815142.html
SOURCE Arcline Investment Management
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