Novaria Holdings, LLC

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Novaria Holdings, LLC - overview

Established

2011

Location

Fort Worth, TX, US

Primary Industry

Aerospace

About

Novaria Holdings, LLC, based in the US, is a manufacturer of precision aerospace components, catering to the aerospace and defense industries with high-performance engineered products. Founded in 2011 and headquartered in Fort Worth, US, Novaria Holdings LLC focuses on the design and production of precision components for aerospace applications. The company has undergone changes in ownership, with recent acquisitions by Rosewood Private Investments in January 2019 and KKR in January 2020. The current CEO is Bryan Perkins, who has been instrumental in guiding the company's strategic direction.


Novaria Holdings has successfully completed a total of 5 deals, with the most recent deal occurring on November 25, 2019. Novaria Group specializes in the manufacturing and supply of precision aerospace components, serving the aerospace and defense sectors. The company’s core offerings include a diverse range of engineered products designed to meet stringent performance and safety standards essential for aviation and military applications. These components are critical in various aerospace systems, including airframes, engines, and avionics, addressing the need for high reliability and precision in demanding operational environments.


Novaria Group's clientele encompasses major aerospace manufacturers and defense contractors, with a focus on the North American and European markets, where the demand for advanced aerospace technology is robust. The company aims to provide innovative solutions that enhance operational efficiency and support sustainable growth for its customers. Novaria Group generates revenue primarily through direct business-to-business transactions with clients in the aerospace and defense industries. The structure of these transactions typically involves long-term contracts for the supply of precision components, which may include both one-time purchases and ongoing supply agreements.


The company’s revenue streams are bolstered by flagship products that are integral to the operations of its customers, including specialized fasteners and other critical components tailored to meet specific aviation standards. The pricing structure reflects the complexity and customization of these products, ensuring that they align with the rigorous requirements of aerospace applications. This transactional model emphasizes building enduring partnerships with clients, fostering ongoing collaboration to address evolving industry needs. Looking forward, Novaria Holdings LLC aims to enhance its product offerings by designing and launching new precision components tailored for next-generation aerospace applications.


The company is targeting expansion into the Asian aerospace markets, with plans slated for execution by 2025. Recent funding from the acquisition deals in January 2020 will support these initiatives, as the company leverages its position to innovate and grow in response to market demands.


Current Investors

Primary Industry

Aerospace

Sub Industries

Aerospace, Defence, Industrial Machinery

Website

www.novariagroup.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Novaria Holdings, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPlasma Ruggedized Solutions, Inc.-
Secondary BuyoutAnnouncedNovaria Holdings, LLC-
Add-on, Corporate Carve OutCompletedPrecision Aero Corporation-
Add-on, Trade SaleCompletedBandy Manufacturing, LLC-
Add-onCompletedAnillo Industries, Inc.-

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