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

Fort Worth's Novaria Group To Be Acquired for $2.2B by Nashville-Based Arcline Investment Mgmt.

Dallas Innovates, Every Day: Here's what's new + next in North Texas. Fort Worth-based aerospace company Novaria Group is being acquired by private equity firm Arcline Investment Management in an all-cash deal valued at roughly $2.2 billion. Novaria Group is a provider of engineered aerospace components and specialty processes. Nashville-based Arcline is a growth-oriented private equity firm with more than $20 billion in assets under management.…

Deal Roundup: Arcline to buy KKR's Novaria Group in $2.2bn deal, GTCR completes buyout of Hellman & Friedman's SimpliSafe

Arcline has agreed to buy KKR-backed engineered aerospace components and specialty processes business Novaria Group in a transaction valued at $2.2bn. The post Deal Roundup: Arcline to buy KKR’s Novaria Group in $2.2bn deal, GTCR completes buyout of Hellman & Friedman’s SimpliSafe appeared first on AltAssets Private Equity News.

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