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New Deal


Announced

Completed

Rocket Lab, Launcher, Firefly Aerospace, Inliper and Stratolaunch completed the acquisition of various aerospace machinery and equipment assets from Virgin Orbit.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Private

Private Equity

Completed

Friendly

Auction

United States

aerospace machinery

Aerospace

Majority

Synopsis

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Rocket Lab, an aerospace manufacturer and launch service provider, Launcher, a developer of rockets, Firefly Aerospace, a private aerospace firm, Inliper, a joint venture company, and Stratolaunch, an aerospace company providing high-speed flight test services, completed the acquisition of various aerospace machinery and equipment assets from Virgin Orbit, a provider of launch services for small satellites, for $36m. “Firefly strategically bid and purchased the Virgin Orbit inventory for the significant cost savings on common off-the-shelf components that we use in our product lines, and the benefit of eliminated supply chain lead-times associated with critical flight components,” Firefly Aerospace.

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