Novaria

Novaria Group Announces the Election of Mary Gallagher to the Board of Directors

Retrieved on: 
Tuesday, June 2, 2020
Contracts, Defense, Aerospace, Manufacturing, Novaria, Gallagher, Board of directors, Business, Articles, Private law

Novaria Group today announced that Mary Gallagher has joined its Board of Directors.

Key Points: 
  • Novaria Group today announced that Mary Gallagher has joined its Board of Directors.
  • Most recently, Ms. Gallagher served as Chief Financial Officer of Wheels Up, a leading membership-based private aviation company.
  • We are very excited to have Mary join our Board, said Bryan Perkins, CEO of Novaria Group.
  • We are confident Mary will contribute to the continued success of Novaria as it enters this next phase of growth, and we look forward to her joining Novarias Board.

Rosewood Private Investments Closes Sale of Novaria Group

Retrieved on: 
Monday, January 27, 2020
Professional services, Defense, Aerospace, Manufacturing, Finance, Other Defense, Kohlberg Kravis Roberts, Novaria, Finance, Financial services, Investment

Rosewood Private Investments ("RPI") is pleased to announce the successful closing of the sale of its portfolio company, Novaria Group, to global investment firm KKR.

Key Points: 
  • Rosewood Private Investments ("RPI") is pleased to announce the successful closing of the sale of its portfolio company, Novaria Group, to global investment firm KKR.
  • Headquartered in Fort Worth, Texas, Novaria Group serves over 500 customers as a premier independent supplier of complex, highly engineered components and specialty processes for the aerospace and defense industry.
  • Since RPIs initial investment in Novaria in 2014, the company has completed numerous additional acquisitions that have substantially expanded its capabilities and product offerings.
  • Barden, Managing Director of RPI, stated, We have enjoyed our time with Novaria and are excited for the team and their new financial partner.

Novaria Group Announces Acquisition of Long-Lok, LLC

Retrieved on: 
Thursday, December 12, 2019
Aerospace, Other Manufacturing, Manufacturing, Novaria, Aerospace, Caterpillar Inc., Companies, Economy of the United States

Fort Worth-based Novaria Group announces today the acquisition of Long-Lok, LLC, a premier manufacturer of self-locking and self-sealing fasteners, with locations in Cincinnati, Ohio and Carson, California.

Key Points: 
  • Fort Worth-based Novaria Group announces today the acquisition of Long-Lok, LLC, a premier manufacturer of self-locking and self-sealing fasteners, with locations in Cincinnati, Ohio and Carson, California.
  • Long-Loks unique mix of products and key customer relationships are a perfect fit with our portfolio of aerospace manufacturing companies, said Bryan Perkins, CEO of Novaria Group.
  • With this acquisition, Novaria expands its suite of proprietary and patented products and solutions it offers customers, while enhancing ongoing opportunities for long-term growth.
  • Novaria Group is a privately held corporation, focused on the premier supply of products to the aerospace and defense industries.

KKR to Acquire Novaria Group from Rosewood Private Investments and Tailwind Advisors

Retrieved on: 
Monday, November 25, 2019
Aerospace, Manufacturing, Kohlberg Kravis Roberts, Novaria, Finance, Financial services, Investment

KKR, a leading global investment firm, today announced it has entered into an agreement to acquire Novaria Group, a leading manufacturer of specialty aerospace hardware, from Rosewood Private Investments and Tailwind Advisors.

Key Points: 
  • KKR, a leading global investment firm, today announced it has entered into an agreement to acquire Novaria Group, a leading manufacturer of specialty aerospace hardware, from Rosewood Private Investments and Tailwind Advisors.
  • Founded in 2011 by CEO Bryan Perkins, Novaria Group aims to improve the aerospace supply chain with an emphasis on better technology, processes and infrastructure.
  • Since our founding, Novaria Group has always prided itself on being a customer-focused supplier of aerospace parts.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.

Novaria Group Completes Purchase of Acra Aerospace, LLC

Retrieved on: 
Tuesday, June 25, 2019
Aerospace, Other Manufacturing, Manufacturing, Novaria, Aerospace

Novaria Group announced today it has acquired Acra Aerospace, LLC, a leading manufacturer of complex engine components, located in Anaheim, California.

Key Points: 
  • Novaria Group announced today it has acquired Acra Aerospace, LLC, a leading manufacturer of complex engine components, located in Anaheim, California.
  • Acras product pedigree includes qualified work solutions in the aerospace market on both civil and military aircraft, said Bryan Perkins, CEO of Novaria Group.
  • With this acquisition, Novaria expands key customer relationships and approvals while enhancing ongoing opportunities for the long-term growth of Novaria.
  • Novaria continues to experience exponential growth through its organic growth and acquisition strategy, said Mike Wagner, executive vice president of operations for Novaria Group.