Announced
Completed
Financials
Tags
Acquisition
Private
Aerospace
aircraft parts
Completed
Majority
Private Equity
Domestic
Friendly
Single Bidder
United States
Synopsis
Arcline Investment Management-backed Signia Aerospace, an integrated provider of high-performance systems and specialized components for the aerospace industry, completed the acquisition of Meeker Aviation, an a international supplier of aircraft external payload mounts for Electro-Optical and Infrared sensors, Light Detection and Ranging laser scanners, searchlights, camera systems, and speaker systems, and Airfilm Camera Systems, a company that specialises in aerial filming. Financial terms were not disclosed. "Meeker Aviation's position as a leading designer and manufacturer of highly engineered mounts used in critical aerospace missions makes it an excellent addition to the Signia Aerospace portfolio. As the latest addition to our Mission Systems business segment, Meeker Aviation will enable us to provide an expanded range of mission-specific equipment to the global aerospace community," Norman Jordan, Signia Aerospace CEO.
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