Novaria

D.A. Davidson Acts as Exclusive Financial Advisor to Anillo Industries on Its Sale to Novaria Group

Retrieved on: 
Tuesday, February 27, 2024
Banking, Professional Services, Contracts, Machine Tools, Metalworking & Metallurgy, Hardware, Technology, Defense, Government Technology, Finance, Aerospace, Military, Consulting, Manufacturing, Acquisition, Multimedia, Class, Growth, Sale, Kohlberg Kravis Roberts, Novaria, Development, Financial institution, Partnership, Financial services

Davidson & Co. announced today that it served as exclusive financial advisor to Anillo Industries (“Anillo”) on its sale to Novaria Group (“Novaria”), a portfolio company of Kohlberg Kravis Roberts & Co. (“KKR”).

Key Points: 
  • Davidson & Co. announced today that it served as exclusive financial advisor to Anillo Industries (“Anillo”) on its sale to Novaria Group (“Novaria”), a portfolio company of Kohlberg Kravis Roberts & Co. (“KKR”).
  • Headquartered in Orange, California, Anillo is a longstanding best-in-class manufacturer of Class C parts, including washers, shims, spacers, plain bearings, and stampings.
  • Davidson Acts as Exclusive Financial Advisor to Anillo Industries on Its Sale to Novaria Group (Graphic: Business Wire)
    Founded in 1957, Anillo is a second-generation business owned by Kurt and Mark Koch.
  • The group has extensive transaction experience serving middle-market clients worldwide across four industry verticals: Consumer, Diversified Industrials, Financial Institutions, and Technology.

Novaria Group Acquires Anillo Industries

Retrieved on: 
Wednesday, February 21, 2024
Defense, Other Defense, Machinery, Machine Tools, Metalworking & Metallurgy, Air, Aerospace, Transport, Manufacturing, Acquisition, Growth, Novaria

Novaria Group, a leading manufacturer of specialty components and hardware for the aerospace and defense industries, announced today it has acquired Anillo Industries, a longstanding best-in-class manufacturer of washers, shims, spacers, plain bearings and stampings.

Key Points: 
  • Novaria Group, a leading manufacturer of specialty components and hardware for the aerospace and defense industries, announced today it has acquired Anillo Industries, a longstanding best-in-class manufacturer of washers, shims, spacers, plain bearings and stampings.
  • Founded in 1957, Anillo Industries supplies customers worldwide with essential military and commercial aerospace hardware.
  • “The acquisition of Anillo will further strengthen the value we deliver to our customers in the defense and aerospace sectors,” Novaria CEO Bryan Perkins said.
  • “We are excited to partner with Novaria Group,” Anillo President Kurt Koch said.

Novaria Group Signs Agreement to Acquire Stroco Manufacturing

Retrieved on: 
Tuesday, July 19, 2022
Defense, Technology, Aerospace, Manufacturing, Other Defense, Hardware, Steel, Leadership, Bell Textron, Acquisition, Gulf Stream, Group, Lockheed Martin, Industry, Growth, Partnership, Northrop, Grumman, Risk management, Boeing, Novaria, St. Louis

Novaria Group, a leading manufacturer of specialty hardware for the aerospace and defense industries, announced today it has signed an agreement to acquire Stroco Manufacturing, Inc.

Key Points: 
  • Novaria Group, a leading manufacturer of specialty hardware for the aerospace and defense industries, announced today it has signed an agreement to acquire Stroco Manufacturing, Inc.
  • Founded in 1963, Stroco Manufacturing serves the defense and aerospace industries in both the military and commercial sectors.
  • We are delighted to add Stroco as Novaria further bolsters its product and service offerings, specifically in the defense market, said Novaria CEO Bryan Perkins.
  • Novaria Group is a privately held business focused on precision component companies that deliver optimum performance and sustainable growth with the aerospace and defense marketplace.

Novaria Group Announces Agreement to Acquire FMi Chemical, Inc.

Retrieved on: 
Tuesday, April 26, 2022
Aerospace, Technology, Manufacturing, Air, Transport, Other Manufacturing, Other Defense, Defense, Contracts, Hardware, Chemicals, Plastics, Growth, MRO, Original equipment manufacturer, Foundation, FMI, Leadership, Acquisition, Novaria, Group, Solution, Chemical substance, Risk management

Novaria Group, a leading manufacturer of specialty hardware for the aerospace and defense industries, announced today it has signed a definitive agreement to acquire FMi Chemical, Inc. FMi Chemical is a leading supplier of nonmetallic aerospace sealants, compounds and coatings for aircraft manufacturing and MRO.

Key Points: 
  • Novaria Group, a leading manufacturer of specialty hardware for the aerospace and defense industries, announced today it has signed a definitive agreement to acquire FMi Chemical, Inc. FMi Chemical is a leading supplier of nonmetallic aerospace sealants, compounds and coatings for aircraft manufacturing and MRO.
  • In addition to manufacturing, FMi prides itself on custom packaged materials, accredited testing, short lead times and high-quality, reliable service.
  • At closing, Novaria will purchase FMi from its current owner, Harry Fine.
  • Novaria Chief Financial Officer Justin Tucker added, FMi Chemical, including its proprietary products and flight-critical sealing and abradable solutions, will be a valuable addition to Novaria.

Novaria Group Acquires Hohman Plating

Retrieved on: 
Tuesday, April 5, 2022
Engineering, Defense, Automotive Manufacturing, Aerospace, Manufacturing, Contracts, Growth, Hohman, Electronics, Solution, Industry, Acquisition, Group, Development, Partnership, Printed circuit board, Risk management, Novaria

Novaria Group, a leading manufacturer of specialty hardware, components and coatings for the aerospace and defense industries, has acquired substantially all assets of Hohman Plating, an industry-leading finishing and coatings business serving the worldwide aerospace and defense market.

Key Points: 
  • Novaria Group, a leading manufacturer of specialty hardware, components and coatings for the aerospace and defense industries, has acquired substantially all assets of Hohman Plating, an industry-leading finishing and coatings business serving the worldwide aerospace and defense market.
  • Established in 1918, Hohman Plating provides metal finishing and coating services to a broad base of industries, including aerospace, medical, defense, electronics and others.
  • The Hohman Plating acquisition is another instrumental step forward in the expansive growth of Novarias suite of aerospace components and proprietary coating solutions.
  • Hohman Platings capabilities further enhance our position in the aerospace and defense market, Novaria Chief Financial Officer Justin Tucker said.

Novaria Group Acquires Advanced Coating

Retrieved on: 
Tuesday, January 25, 2022
Other Manufacturing, Technology, Other Defense, Medical Devices, Semiconductor, Chemicals, Plastics, Aerospace, Manufacturing, Health, Defense, Acquisition, Growth, Parylene, Ministry of Education (Malaysia), Development, Group, Novaria, Electronics, Solution, 3D printing, Risk management

Novaria Group, a leading manufacturer of specialty hardware for the aerospace and defense industries, today announced its acquisition of Advanced Coating, a market-leading provider of complex surface enhancement and protection technologies and Parylene coating services.

Key Points: 
  • Novaria Group, a leading manufacturer of specialty hardware for the aerospace and defense industries, today announced its acquisition of Advanced Coating, a market-leading provider of complex surface enhancement and protection technologies and Parylene coating services.
  • Founded in 1989, Advanced Coating provides high-quality Parylene conformal coating services to the military, avionics, industrial, high-risk electronics and medical device industries.
  • The addition of Advanced Coating is another big step in the continued evolution of our business model, Novaria CEO Bryan Perkins said.
  • What Advanced Coating does goes hand-in-hand with what Novaria does, Advanced Coating President Steve Doltar said.

Novaria Group Announces Acquisition of Hydro Fitting Manufacturing

Retrieved on: 
Wednesday, January 12, 2022
Engineering, Defense, Automotive Manufacturing, Aerospace, Manufacturing, Other Defense, Group, Novaria, Growth, Mining, Fortification, Acquisition, 3D printing

Novaria Group, a leading manufacturer of specialty hardware for the aerospace and defense industries, today announced the acquisition of Hydro Fitting Manufacturing Corporation (Hydro Fitting), which specializes in custom high-pressure valves, charging kits, hose assemblies and fittings.

Key Points: 
  • Novaria Group, a leading manufacturer of specialty hardware for the aerospace and defense industries, today announced the acquisition of Hydro Fitting Manufacturing Corporation (Hydro Fitting), which specializes in custom high-pressure valves, charging kits, hose assemblies and fittings.
  • Hydro Fitting will continue to be based in Covina, California, and will complement Novarias existing fitting business, Acra Aerospace.
  • Novaria General Manager Jed Burmahln added, Hydro Fitting provides specialty expertise that we at Novaria value.
  • We look forward to Novaria continuing to build on the foundation weve established at Hydro Fitting, President Seth Schwartz said.

Novaria Group Announces Acquisition of GK Mechanical Systems, LLC

Retrieved on: 
Wednesday, December 15, 2021
Engineering, Defense, Automotive Manufacturing, Aerospace, Manufacturing, Other Manufacturing, Other Defense, General Dynamics, Department of Defense Architecture Framework, Original equipment manufacturer, Acquisition, Grumman, GK, Northrop, General manager, Department, Novaria, Lockheed Martin, Development, Locksmithing, Risk management, Boeing

Novaria is pleased to announce the acquisition of GK Mechanical Systems LLC (GK), a leading engineer and manufacturer of automatic, positive locking systems and components.

Key Points: 
  • Novaria is pleased to announce the acquisition of GK Mechanical Systems LLC (GK), a leading engineer and manufacturer of automatic, positive locking systems and components.
  • The acquisition of GK continues Novarias strategy to invest in highly engineered products that service our core end markets in Aerospace, Defense and Naval, said Novaria CEO Bryan Perkins.
  • We have watched GK grow over time by developing some of the most unique latching and locking technologies for critical applications.
  • Mike Barnes, General Manager of GK, and the GK team will continue to serve the business under Novaria.

Novaria Group Announces Acquisition of The Young Engineers, Inc.

Retrieved on: 
Tuesday, March 9, 2021
Engineering, Other Manufacturing, Aerospace, Manufacturing, Novaria

Novaria is pleased to announce the acquisition of The Young Engineers, Inc. (TYE).

Key Points: 
  • Novaria is pleased to announce the acquisition of The Young Engineers, Inc. (TYE).
  • We have made several acquisitions since April 2020, all of which are unique contributors to our evolving business model, said Novaria CEO Bryan Perkins.
  • The acquisition of TYE is an integral part of our strategy to expand our portfolio of proprietary and qualified products we offer customers.
  • Novaria Group is a privately held business focused on precision component companies that deliver optimum performance and sustainable growth with the aerospace and defense marketplace.

Novaria Group Announces the Election of Bonnie Peat and James Riley to the Board of Directors

Retrieved on: 
Wednesday, August 5, 2020
Defense, Air, Aerospace, Transport, Manufacturing, Other Defense, Other Transport, Novaria, Riley Motor

Novaria Group today announced that Bonnie Peat and James Riley have joined its Board of Directors.

Key Points: 
  • Novaria Group today announced that Bonnie Peat and James Riley have joined its Board of Directors.
  • Mr. Riley most recently served as Chief Executive Officer of Consolidated Precision Products (CPP), a leading provider of castings for aerospace and defense end markets.
  • The collective industry experience of Bonnie and Jim uniquely positions them to support Novaria as we execute upon our commercial growth strategy.
  • We are confident Bonnie and Jim will contribute to the continued success of Novaria and we look forward to having them join Novarias Board.