Home / Business and Economy / KKR Sells Aerospace Firm Novaria Group to Arcline Investment for $2.2B
KKR Sells Aerospace Firm Novaria Group to Arcline Investment for $2.2B
10 Nov
Summary
- KKR sells aerospace firm Novaria Group to Arcline Investment
- Novaria Group has added 13 new companies since KKR's acquisition in 2020
- Deal reflects growth in aerospace and defense sectors amid Ukraine war
On November 10, 2025, private equity firm KKR announced that it has struck a deal to sell aerospace and defense hardware maker Novaria Group to industrials-focused private equity firm Arcline Investment Management for $2.2 billion.
KKR had taken control of Fort Worth, Texas-based Novaria in early 2020, and since then the group has added 13 new companies to its portfolio. The sale of Novaria comes against a backdrop of strong growth in the aerospace and defense sectors, driven by forecasts for increased aircraft production as the industry recovers from the COVID-19 pandemic, the removal of a production cap on planemaker Boeing, and heightened global military spending amid the ongoing war in Ukraine.
Novaria's companies provide parts and processes for aircraft, drones, and submersibles. KKR partner Joshua Weisenbeck noted that there has been "reinvestment in the defense supply chain globally" and increased defense spending as a percentage of GDP in many countries. The Novaria deal is seen as an example of a revival in transactions between private equity firms, as they look to capitalize on the favorable market conditions.
