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New Deal


Announced

Completed

The Loar Group completed the acquisition of Pacific Piston Ring.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Friendly

Private

Domestic

Aerospace

landing gear

Completed

Majority

United States

Single Bidder

Synopsis

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The Loar Group, a diversified manufacturer and supplier, completed the acquisition of Pacific Piston Ring, an aerospace company. Financial terms were not disclosed. “PPR fits well with our strategy of adding niche capabilities and proprietary products to our portfolio while continuing to add to Loar’s overall diversity of product applications across a broad variety of aircraft platforms. As an organization we deliver greater than 50% of our sales in the aftermarket. PPR will further strengthen this attribute and strategic focus of Loar,” Dirkson Charles, Loar Group CEO.

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