At what enterprise value was NOVARIA GROUP acquired in 2025?

During the acquisition of NOVARIA GROUP by ARCLINE INVESTMENT MANAGEMENT in 2025, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.2x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of NOVARIA GROUP when it was acquired by ARCLINE INVESTMENT MANAGEMENT?

The estimated EV/EBITDA multiple for NOVARIA GROUP is in the range of 15x - 25x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.2x. Join our community for free to access full valuation data and industry trends.

What was the revenue of NOVARIA GROUP at the time of the deal?

The revenue of NOVARIA GROUP at the time of the deal is estimated to be in the range of 450M - 900M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of NOVARIA GROUP during the acquisition?

NOVARIA GROUP's EBITDA is estimated to be in the range of 100M - 200M EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the NOVARIA GROUP acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the NOVARIA GROUP deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://arcline.com/arcline-investment-management-to-acquire-novaria-group/

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Home Database Industry & ManufacturingNOVARIA GROUP

11/2025

NOVARIA GROUP acquired by ARCLINE INVESTMENT MANAGEMENT

UNITED STATES Aerospace, Naval & Defense / Aerostructures EV 1b - 4b EUR

Context

Arcline Investment Management has entered into a definitive agreement to acquire 100% of Novaria Group from KKR in an all-cash transaction. The deal marks a full exit for KKR, which had supported Novaria's rapid expansion since 2020. The strategic rationale for Arcline is to leverage Novaria as a premier platform for further consolidation in the highly fragmented aerospace component market. The transaction comes at a period of robust demand for commercial air travel and a significant ramp-up in OEM build rates (Boeing MAX, 777, and Airbus platforms). Arcline intends to partner with the existing management team, led by founder Bryan Perkins, to continue executing a strategy of innovation and niche acquisitions. The deal was advised by Guggenheim Securities (Financial) and Ropes & Gray LLP together with Paul Hastings LLP (Legal).

NOVARIA GROUP, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Industry & Manufacturing market trends

Target

Novaria Group is a leading premier provider of highly engineered niche components and specialty processes for the global aerospace and defense industries. Headquartered in Fort Worth, Texas, the company operates as a family of trusted suppliers delivering mission-critical hardware, including aerospace-grade washers, spacers, plain bearings, and engine components. Its products are essential to the structural integrity of aircraft and can be found on virtually every Boeing and Airbus commercial platform in service, as well as high-growth military programs like the F-35. The business model is centered on being a "one-stop-shop" for over 3,000 customers, leveraging significant sole-source content and a robust buy-and-build strategy that recently included the acquisition of Anillo Industries to expand its Airbus footprint.

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REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of NOVARIA GROUP by ARCLINE INVESTMENT MANAGEMENT are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: arcline investment management