Loar Group completed the acquisition of CAV Systems Group from Baird Capital.

Loar Group, a diversified manufacturer and supplier with established relationships across leading aerospace and defense OEMs, Tier One manufacturers, and airline customers worldwide completed the acquisition of CAV Systems Group, a provider of in-flight ice protection and drag reduction technology to general aviation, commercial aerospace and defense markets, from Baird Capital, a company that manages two investment platforms, Venture Capital and Global Private Equity, and invests in B2B technology & services-focused companies worldwide. Financial terms were not disclosed. “It has been a pleasure to work with Mike Eggleston and the team through the enhancement of the business’ technology proposition and global expansion under our hold period. We wish them well in their future partnership with Loar Group and look forward to seeing the business’ continued success," James Benfield Baird Capital Partner.