Who owns NOVARIA GROUP?

NOVARIA GROUP has been 100% owned by ARCLINE INVESTMENT MANAGEMENT since November 2025.

At what enterprise value was NOVARIA GROUP acquired in 2025?

During the acquisition of NOVARIA GROUP by ARCLINE INVESTMENT MANAGEMENT in 2025, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR.

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.

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.

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.

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/

What is the average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026?

The average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026 is 11.5x.

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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 in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.5x).

-> 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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Similar deals in Aerospace, Naval & Defense

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
12/2025	LOAR GROUP	LMB AEROSPACE	FRANCE	Engines & Systems
12/2025	FAE TECHNOLOGY	KAYSER ITALIA	ITALY	Electronics
10/2025	ARTÁ CAPITA	AVIACTION	SPAIN	MRO (Maintenance, Repair & Overhaul)
09/2025	SODERO	CORAXES	FRANCE	Aerostructures
08/2025	THEON INTERNATIONAL	KAPPA OPTRONICS	GERMANY	Electronics
07/2025	TRITON PARTNERS	MACGREGOR	FINLAND	Naval
07/2025	VINCI ENERGIES	WÄRTSILÄ SAM ELECTRONICS	GERMANY	Electronics
07/2025	SAFRAN	COLLINS AEROSPACE (ACTUATION & FLIGHT CONTROL BUSINESS)	UNITED STATES	Engines & Systems
06/2025	INESPASA	UMI AERO GROUP	SPAIN	Aerostructures
06/2025	STONEPEAK	FORGITAL GROUP	ITALY	Aerostructures

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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: arcline investment management