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Announced

Completed

JLL Partners-backed Heads Up Technologies completed the acquisition of STG Aerospace.

Financials

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

Tags

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Single Bidder

Electrical Components

Friendly

aircraft cabin

Majority

lighting solutions

Private Equity

Acquisition

Aerospace

Completed

electrical equipment

Private

United Kingdom

Cross Border

Synopsis

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JLL Partners-backed Heads Up Technologies, a manufacturer of lighting systems, cabin management systems, and flight deck safety products, completed the acquisition of STG Aerospace, a manufacturer of safety-critical photoluminescent and electrical products for the commercial and military aerospace market. Financial terms were not disclosed. “We are thrilled to welcome the STG Aerospace team to Heads Up Technologies to leverage our collective lighting solutions to meet critical OEM and operator needs across the entire aviation market. STG Aerospace’s concept-to-certification capability and extensive intellectual property are excellent complements to Heads Up Technologies’ portfolio of lighting innovations," Robert Harshaw, Heads Up Technologies President and CEO.

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