Tag Archives: Aerospace

Bain Capital Acquires SupplyOn, a Leading European Supply Chain Network for Complex Manufacturing

BainCapital

LONDON – July 20, 2026 – Bain Capital, a global private investment firm, today announced that it has agreed to acquire SupplyOn, a supply chain collaboration platform serving the automotive, aerospace and defense, and other advanced manufacturing sectors across Europe, from its shareholders AUMOVIO, Bosch, Schaeffler, and ZF.

SupplyOn operates a technology platform connecting more than 200 large manufacturers and tier-1 suppliers with 140,000+ suppliers globally. The platform helps manufacturers and suppliers collaborate across the entire supply chain and procurement lifecycle – from sourcing and purchasing, through quality management, logistics, invoicing, and ESG compliance – on a single, integrated platform. SupplyOn was founded in 2000 and has since evolved into a market-leading platform serving the broader European manufacturing ecosystem.

Bain Capital will work closely with SupplyOn’s management team to support the company’s next phase of growth. The investment will strengthen product investment, including bringing new AI capabilities into the platform to drive customer outcomes. There will also be increased focus on sales and marketing to accelerate customer adoption across manufacturers and the defense sectors where SupplyOn has a developing footprint today.

The investment, made by Bain Capital’s Tech Opportunities business in Europe, reflects the firm’s deep experience investing in European technology and industrials businesses, combined with the firm’s long-standing expertise in aerospace and defense. European supply chain digitalization remains significantly underpenetrated, particularly in complex manufacturing where supply chain coordination is critical to production operations amidst growing supply chain complexity. Bain Capital is committed to maintaining SupplyOn’s European operational footprint, data residency, and governance structure, ensuring continuity for customers who rely on the platform’s sovereignty and compliance standards. SupplyOn’s product quality, established customer base, and network reach position the company to capitalize on this opportunity.

The transaction is subject to customary closing conditions and regulatory approvals. Financial terms of the transaction were not disclosed.

“SupplyOn represents a rare combination of product quality, network strength, high customer advocacy and market leadership in supply chain coordination across Europe,” said James Stevens, a Partner on Bain Capital’s Tech Opportunities team. “The company has built a deeply embedded platform that customers rely on for day-to-day operations. We see real runway to expand into adjacent sectors and invest in product capabilities that matter to manufacturers and suppliers alike.”

“SupplyOn builds on our long-standing footprint in Europe and Germany specifically. Through our industrials portfolio we are customers of SupplyOn and understand the critical role it plays. We have long-standing relationships with the shareholders of SupplyOn and look forward to continuing to support their businesses into the future,” said Dr. Michael Siefke, a Partner and Chair of Europe Private Equity at Bain Capital.

“We are pleased to partner with Bain Capital, which shares our long-term vision for SupplyOn as a strategic asset in the supply chain ecosystem across Europe,” said Markus Quicken, CEO of SupplyOn. “This partnership will enable us to accelerate our product roadmap, expand our market reach, and build on the strong foundation our shareholders have created.”

ENDS

About Bain Capital
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, portfolio companies, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. We have 24 offices on four continents, more than 2,000 employees, and approximately $225 billion in assets under management. To learn more, visit www.baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).

About SupplyOn
SupplyOn is a leading cloud-based supply chain collaboration platform connecting manufacturers with their global business partners. Founded in 2000 and headquartered in Hallbergmoos near Munich, SupplyOn’s network connects over 140,000 companies worldwide across automotive, aerospace, railway, and other manufacturing industries. The platform enables structured digital collaboration across purchasing, sourcing, quality management, logistics, and finance—helping manufacturers strengthen collaboration, transparency, and execution across complex, multi-tier supply chains.

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EQT to acquire Exolaunch, a Germany-based satellite deployment technology and launch mission management firm powering global access to space

eqt

Exolaunch

  • Exolaunch is a global leader in mission management, satellite integration, and deployment technologies for the world’s foremost satellite operators
  • The company has deployed more than 790 satellites across 47 missions and has flown on every SpaceX Transporter and Bandwagon rideshare mission aboard Falcon 9
  • EQT will support Exolaunch’s next phase of growth through investments in international expansion, product innovation and new service offerings across the space value chain

EQT is pleased to announce that EQT X (“EQT”) has entered into a definitive agreement to acquire Exolaunch (or the “Company”), a global leader in mission management, satellite integration, and deployment technologies, from founder Dmitriy Sternharz.

Headquartered in Germany, Exolaunch enables access to space for global satellite operators. The Company offers industry-leading deployment hardware, facilitating the integration and aggregation of a wide range of satellites with different launch vehicles, deploying payloads into their target orbits. Expertise in related services – like launch program planning, end-to-end mission management, launch capacity procurement, satellite integration, testing, logistics and orbital deployment – enable Exolaunch to act as “one-stop-shop” for customers, supporting launches with different vehicles from launch sites globally.

Exolaunch has successfully deployed over 790 satellites across 47 missions for over 200 commercial and government customers from North America, Europe, Asia and the Middle East. The Company executes launch and deployment contracts with a wide range of traditional and new promising launch vehicles. In particular, Exolaunch has maintained a strategic relationship with SpaceX since 2020, having participated in every Falcon 9 Transporter and Bandwagon rideshare mission since the programs’ inception. In addition, Exolaunch recently started procuring its own dedicated launches, with the first secured Falcon 9 missions from SpaceX, Exo-1 and Exo-2, scheduled for 2027 and 2028. These types of missions will substantially increase the Company’s launch capacity and reinforce its position as a leading provider of satellite launch and deployment services in the rapidly expanding global space economy.

EQT will support Exolaunch in scaling its global operations and investing into the development of new satellite launch and deployment technologies. It will also help drive the expansion into additional services across the satellite mission lifecycle and resources to expand the dedicated and rideshare launch offerings – both with existing partners and newly emerging launch providers.

Nils Ketter, Partner and Head of Industrial Technology in the EQT Private Equity advisory team, said: “EQT is excited to partner with Exolaunch, which marks EQT Private Equity’s first investment in the space sector. Built by a visionary founder together with a world-class team, Exolaunch developed mission-critical deployment technologies and built a full end-to-end service offering around it. The Company thereby solves critical pain points for satellite customers and launch vehicle providers alike. Its deep technological expertise and proven track record makes Exolaunch one of the most trusted names in the launch ecosystem. We look forward to supporting Exolaunch’s management working with customers and partners to expand access to space. We see great potential for rapidly developing use cases, including for connectivity, Earth observation and orbital compute.”

Dmitriy Sternharz, Founder and President of Exolaunch, said: “The foundations of Exolaunch were laid during my time at the Aerospace Department of the Technical University of Berlin, inspired by the lectures and guidance of my role models Prof. Udo Renner and Prof. Klaus Brieß. What began as a passion for space has grown into a leading global provider of satellite launch and deployment services, helping customers around the world access orbit and deploy constellations with reliability and precision. I am extremely proud of the execution excellence consistently demonstrated by the Exolaunch team, as well as the reputation we have built together over the years. As the space economy enters a period of extraordinary growth, Exolaunch is strongly positioned to capitalize on the increasing demand for launch access, orbital infrastructure and space-enabled services. I warmly welcome EQT as the new owner of Exolaunch, as EQT’s global network, operational expertise and long-term ownership mindset make them ideally placed to lead the Company into its next phase of growth.”

Dr. Robert Sproles, Chief Executive Officer of Exolaunch, said: “At Exolaunch, we transform the complex task of launch campaigns into seamless and affordable experiences for our customers. We help to enable the visions of some of the world’s most ambitious companies, research institutions, governments and space agencies. With EQT’s backing, we’re moving from being the trusted name in deployment to building the backbone of the entire launch ecosystem – expanding our technology, our services and our global reach to become the definitive partner for access to space.”

The transaction is subject to customary conditions and approvals. It is expected to close during Q4 2026. With this transaction, EQT X is expected to be at 80 – 85 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication).

Goldman Sachs Bank Europe SE served as exclusive financial advisor and DLA Piper UK LLP as legal counsel to founder Dmitriy Sternharz.

Milbank LLP served as legal counsel to EQT.

 

Contact
EQT Press Office,
press@eqtpartners.com

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About EQT
EQT is a purpose-driven global investment organization with EUR 269 billion in total assets under management (EUR 142 billion in fee-generating assets under management) as of 31 March 2026, within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
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FDH Aero Enters Next Phase of Growth Through Partnership with Bain Capital and Audax Private Equity

BainCapital

The investment will aim to help accelerate FDH’s growth strategy, drive operational and customer-focused innovation, and support the Company’s continued global expansion.

Commerce, Calif. – June 8, 2026 – FDH Aero (“FDH” or the “Company”), a leading global provider of supply chain solutions for the aerospace and defense industry, today announced that it has entered into a definitive agreement to receive a majority investment from Bain Capital Private Equity. Audax Private Equity, FDH’s majority shareholder since 2017, is expected to remain a significant investor in the Company.

The partnership will support FDH’s next phase of growth with continued investment in the Company’s capabilities, service model, and global reach, through both organic initiatives and strategic acquisitions. FDH will continue to be led by Chief Executive Officer Ian Walsh and the current management team.

FDH Aero is a trusted partner that helps simplify an increasingly complex supply chain for aerospace and defense companies. FDH specializes in hardware, electrical products, and consumables & expendables for OEM and aftermarket customers. With over 60 years of experience, FDH’s service-first mindset, reliability, and availability of inventory stock have earned it a reputation as a leader in aerospace and defense logistics. FDH supports customers through a global platform with more than 1,500 employees across 15 countries.

“This partnership marks an important and planned milestone in our growth plans and reflects the strength of our people, our business, and the opportunities ahead to create value for our customers and stakeholders,” said Mr. Walsh. “With Bain Capital’s deep operational and strategic experience, together with the continued support of Audax, we are well positioned to continue investing for future growth. Together, we remain focused on putting customers first and strengthening our position as a trusted global supply chain solutions partner.”

Since Audax Private Equity’s initial investment in 2017, FDH has expanded operations across five continents, completed 12 acquisitions that broadened its product offering and extended its commercial reach, and grown revenue significantly. Bain Capital’s investment enables FDH to further accelerate that growth.

“Since our initial investment nine years ago, FDH Aero has established itself as an integral supply chain partner to the global aerospace sector,” said Audax Private Equity Partner David Wong. “We are proud of FDH’s leadership team and 1,500 employees worldwide for their stewardship and look forward to working with Bain Capital through this next chapter of FDH’s growth.”

Over more than 40 years of investing in the industrial and aerospace sectors, Bain Capital has developed significant experience helping businesses grow while providing valuable services to complex, mission-critical supply chains.

“FDH has built an exceptional platform in aerospace and defense logistics, distinguished by deep customer relationships, a service-first culture, and a level of execution that gives us tremendous confidence in the business,” said Stephen Thomas, a Partner at Bain Capital. “We are excited to partner with Ian and the full FDH team,” added Ajay Kumar, a Partner at Bain Capital. “Together, we plan to continue investing in the company’s capabilities and inventory availability to further strengthen its customer-centric growth strategy.”

The transaction remains subject to customary regulatory approvals and is expected to close in the second half of 2026.

Jefferies, RBC Capital Markets, and BMO Capital Markets served as financial advisors to Bain Capital and provided committed debt financing for the transaction.

William Blair & Company, LLC served as financial advisor to FDH and Audax Private Equity in connection with the transaction.

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About FDH Aero
FDH Aero is a trusted global supply chain solutions partner for aerospace and defense companies, helping to shape the industry by simplifying the supply chain. With over 60 years of experience, it specializes in hardware, electrical, consumables & expendables, licensed products, and value-added services for global OEM and aftermarket customers. FDH is headquartered in Commerce, California, and has operations across the Americas, EMEA and APAC. FDH Aero – named the Best Place to Work in Aviation in 2025 – has locations in 15 countries across the globe, with more than 1,500 best-in-industry employees and over 650,000 square feet of inventory space.

For more information, please visit FDHAero.com.

About Bain Capital
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a collaborative culture that enables us to innovate, unlock opportunity, and deliver strong outcomes. Our global platform invests across Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Across these focus areas, we bring deep sector expertise and broad capabilities. We have 24 offices on four continents, more than 1,850 employees, and approximately $225 billion in assets under management. To learn more, visit www.baincapital.com. Follow @BainCapital on LinkedIn and X.

About Audax Private Equity
Headquartered in Boston, with offices in San Francisco, New York, London and Hong Kong, Audax Private Equity is a leading private equity platform focused on investing across the North American middle market. Our objective is to accelerate value creation through our Buy & Build strategy and the Audax Value Agenda™, a holistic framework that seeks to create, enable, and protect value across every stage of the investment lifecycle. As of January 2026, Audax Private Equity had approximately $19.5 billion of assets under management and, since its formation in 1999, has invested in more than 180 platforms and more than 1,500 add-on acquisitions. For more information, visit www.audaxprivateequity.com or follow us on LinkedIn.

 

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 Eddie de Sciora

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Carlyle Announces Expansion of its Capabilities in the Aerospace, Defense & Government and Industrial Sectors Through a Dedicated Middle-Market Platform

Carlyle

Washington, D.C. — May 27, 2026 — Carlyle (NASDAQ: CG) today announced an expansion of its Aerospace, Defense & Government and Industrial teams through a dedicated middle-market platform focused on opportunities across the United States and Europe. These efforts enhance Carlyle’s existing capabilities and build on Carlyle’s decades-long history supporting national security, defense modernization, industrial resilience, and supply chain transformation.

Ian Fujiyama, who has been with Carlyle for 28 years and currently serves as Global Head of Aerospace, Defense & Government, will serve as Chairman. The effort will be led by Aaron Hurwitz, who leads Carlyle’s investments in Defense, and Wes Bieligk, a Partner on Carlyle’s Industrials team.

Carlyle also announced that General Bryan Fenton (Ret.), former Commander of U.S. Special Operations Command, will join the firm as an Operating Executive. General Fenton will support Carlyle’s capabilities across the Aerospace, Defense & Government and Industrial teams through strategic sourcing, evaluation of investment opportunities, and engagement with management teams and industry stakeholders across the defense ecosystem.

“Carlyle’s roots in Washington, D.C. and our decades of experience investing across the defense and industrial sectors have given us a differentiated perspective on this market,” said Ian Fujiyama, Chairman of the platform and Global Head of Aerospace, Defense & Government at Carlyle. “We see this initiative as a natural extension of our broader franchise and an opportunity to dedicate capital and expertise to the middle-market segment across the U.S. and Europe.”

“The geopolitical environment and sustained increases in defense spending are creating a multi-decade investment opportunity across defense and industrial infrastructure,” said Admiral James Stavridis, Vice Chairman of Carlyle and former Supreme Allied Commander at NATO. “Governments are prioritizing military modernization, force preparedness, and resilient industrial capacity at a scale that we believe will drive long-term demand for advanced technologies and strategic capabilities.”

“We believe the opportunity set across defense and industrial resilience is significant and growing,” said Aaron Hurwitz and Wes Bieligk jointly. “With dedicated, local investment teams across the U.S. and Europe, deep sector expertise, and Carlyle’s resources, we believe we are well positioned to build and scale businesses that are essential to the industrial base.”

General Bryan Fenton added: “The national security landscape is evolving rapidly, increasing the need for innovation, resilient supply chains, and operational readiness. Carlyle’s experience, network, and long-term commitment to these sectors position us to support businesses developing mission-critical capabilities.”

Carlyle has invested across the Aerospace, Defense, Government and Industrial sectors for more than 35 years, including investments such as Booz Allen Hamilton, StandardAero, Two Six Technologies, Loc Performance, Allison Transmission, and Axalta. The firm leverages its extensive operating executive network, government affairs expertise, and broader value creation capabilities to support portfolio company growth and operational transformation.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $475 billion of assets under management as of March 31, 2026, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,500 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

 

Media Contacts

U.S. 

Brittany Bensaull

+1 (212) 813-4839

brittany.bensaull@carlyle.com

Europe

Andrew Kenny

+44 7385 662334

andrew.kenny@carlyle.com

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KKR Sells CIRCOR Aerospace to Parker Hannifin for $2.55 Billion

KKR

NEW YORK & BURLINGTON, Mass.–(BUSINESS WIRE)– KKR and CIRCOR International (“CIRCOR” or the “Company”), a global manufacturer of flow control products for industrial, naval, and aerospace markets, today announced the signing of a definitive agreement to sell CIRCOR Aerospace, the Company’s aerospace division, to Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, for $2.55 billion. Funds managed by KKR first acquired CIRCOR for $1.8 billion in 2023 and will maintain ownership of CIRCOR’s Naval and Industrial businesses.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260520542910/en/

With more than 75 years of heritage in fluid control, pneumatic, electromechanical, and actuation components and subsystems, CIRCOR Aerospace has established a leading position across commercial aerospace and defense end markets through its highly engineered, mission-critical products, long-standing customer relationships, and continued investment in innovation and manufacturing capabilities. This combination of Parker Hannifin and CIRCOR Aerospace brings together complementary capabilities, product portfolios, and platform exposures to create a stronger, more diversified aerospace and defense supplier with enhanced scale.

KKR acquired CIRCOR through its North America Fund XIII. The transaction reflects KKR’s long-standing conviction in themes that are increasingly important in today’s geopolitical environment, including defense modernization and supply chain resilience. CIRCOR’s Naval business, amongst other KKR private equity investments, will continue to provide KKR with exposure to these strategically important end markets.

“Today’s announcement marks an exciting chapter for CIRCOR and reflects the tremendous work and dedication of the entire CIRCOR Aerospace team,” said Saif Siddiqui, Chief Executive Officer of CIRCOR. “With KKR’s support, the business strengthened its culture of ownership and execution, accelerating performance, and further establishing CIRCOR Aerospace as a world-class solution provider for our customers. We are pleased with the strong foundation the team has established and look forward to watching the business continue to grow as part of Parker Hannifin. In our next phase, we at CIRCOR remain dedicated to strengthening the Company’s Industrial and Naval businesses through both organic growth and strategic acquisitions.”

“CIRCOR Aerospace has created a highly differentiated business with proprietary solutions and deep customer relationships across critical aerospace and defense programs, and we are grateful for everything they have achieved under our ownership,” said Josh Weisenbeck, Partner at KKR that leads KKR’s Industrials industry team within KKR’s North American Private Equity platform. “This latest transaction underscores continued momentum across our industrials portfolio, marking our fourth realization in the sector this year.”

In early 2024, CIRCOR launched its broad-based employee ownership program, making all CIRCOR employees owners of the Company. At transaction close, all CIRCOR employees will receive a dividend distribution funded by a portion of the sale proceeds and in recognition of the continued strong performance of CIRCOR’s Industrial and Naval businesses. KKR sees meaningful opportunity to further scale both businesses going forward.

KKR and CIRCOR were advised by Goldman Sachs & Co. LLC and Evercore as financial advisors, and Kirkland & Ellis LLP as legal advisor on the transaction.

The transaction is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals.

About CIRCOR International, Inc.

Founded in 1999, CIRCOR International, Inc. designs, manufactures and markets differentiated flow control products and sub-systems for Aerospace & Defense and Industrial customers. The Company has a diversified product portfolio of recognized, market-leading brands (Allweiler®, Houttuin™, Imo®, Hale Hamilton, Aerodyne Controls, Circle Seal Controls, CIRCOR Aerospace, RTK®, CIRCOR Industria, CIRCOR Bodet, Schroedahl®, Tushaco®, Warren® and Zenith®) that fulfill its customers’ mission critical needs.

CIRCOR markets its solutions directly and through various sales partners to more than 14,000 customers in approximately 100 countries. The Company has a global presence with approximately 3,500 employees and is headquartered in Burlington, Massachusetts. For more information, visit the Company’s website at http://circor.com.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media
KKR
Sarah Moon
media@kkr.com

CIRCOR
Jennifer Edwards
Jennifer.edwards@circor.com

Source: KKR

 

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Meloche Group Acquires Groupe Rossi Aéro with Support from Novacap and Other Partners

Novacap

A transaction that strengthens the group’s role at the heart of the aerospace supply chain in Québec and internationally, and paves the way for expansion into new markets.

Meloche Group announces the acquisition of Groupe Rossi Aéro, a subsidiary of Mecachrome and a recognized player in the aerospace industry serving both civil and military sectors in France. This transaction marks an important step in Meloche Group’s growth strategy aimed at a global-scale aerospace platform.

Already firmly established within the North American aerospace ecosystem, Meloche Group is, through this acquisition, strengthening its presence in Europe and its ability to serve major industry customers globally. The group is thus reaching critical scale, with revenues exceeding CAD $250 million, more than 900 employees, and an industrial footprint spanning eight sites, including six in Québec and two in the Toulouse region.

“This transaction marks an important milestone in Meloche Group’s evolution,” said Hugue Meloche, President and Chief Executive Officer of Meloche Group. “With the integration of Groupe Rossi Aéro, we are strengthening our ability to support our clients internationally while consolidating our presence in Québec. Our ambition is clear: to continue building a high-performing group capable of expanding into new markets and increasing its presence within the global aerospace industry.”

“With this partnership, we are contributing to the creation of an internationally scaled aerospace platform,” said Michel Toutant, Senior Partner, Industries, Novacap. “Meloche Group aligns perfectly with our value creation strategy. Its recognized leadership within the aerospace ecosystem positions it well to continue its growth and pursue strategic opportunities. Novacap is proud to support Québec and Canadian entrepreneurs in executing their growth strategies and expanding their operations.”

A Transatlantic Platform Serving the Industry

The integration of Groupe Rossi Aéro enables Meloche Group to expand its industrial footprint in Europe and offer an integrated solution for the manufacturing of metal components, from machining to assembly. The group now benefits from facilities located near major aerospace hubs in Montréal and Toulouse.

This positioning simplifies program management for clients, reduces supply risks, and optimizes production timelines, while strengthening the group’s ability to integrate into critical supply chains, both in aerospace and defense.

On the European side, Groupe Rossi Aéro is joining a partner that shares a strong commitment to growth and long-term investment, and that intends to build on the momentum already established by continuing to expand the group’s activities and industrial sites near its customers in France.

A Transaction Aligned with a Sustainable Growth Strategy

This acquisition is part of a development trajectory supported by Novacap as majority shareholder, as well as by the Government of Québec, Investissement Québec (IQ), and Export Development Canada (EDC). Together, these partners support Meloche Group in strengthening its operational capabilities and expanding its international presence, particularly in Europe.

This partnership with Meloche Group is based on a shared vision: to build a high-performing industrial platform capable of meeting the requirements of major global customers and expanding into new markets, including defense.

“EDC is proud to support Meloche Group in this acquisition of Groupe Rossi,” said Alison Nankivell, President and Chief Executive Officer of EDC. “This transaction reflects the ambition of Canadian companies to grow in Europe and export their expertise, while helping secure and diversify supply chains in an evolving global environment. Through its support, EDC helps companies enhance their competitiveness, invest beyond our borders, and meet the needs of strategically important sectors for Canada.”

A Driver of Québec’s Competitiveness and Global Reach

By strengthening its presence in Europe, Meloche Group contributes to showcasing Québec’s expertise on the international stage and to better integrating supply chains between North America and Europe. This transaction aligns with efforts to support the development of an innovative and competitive industrial base in Québec, while stimulating the local economy.

“This acquisition strengthens the strategic role of the aerospace industry within Québec’s economy, and is therefore excellent news,” said Bernard Drainville, Minister of Economy, Innovation and Energy and Minister Responsible for Maritime Strategy. “By expanding its presence in Europe, Meloche Group is simultaneously reinforcing its roots here in Québec. Our government is proud to support ambitious companies that showcase our aerospace expertise and strengthen Québec’s position in key sectors of the global economy.”

“Meloche Group is one of the most significant SMEs in Québec’s aerospace sector,” said Bicha Ngo, President and Chief Executive Officer of IQ. “Our presence alongside the company at this pivotal stage of its development is fully aligned with our role in supporting the growth of high-potential businesses both locally and internationally, while helping maintain their Québec roots and strengthen key sectors of our economy.”

About Meloche Group

Founded in 1974, Meloche Group is a family-owned company committed to delivering high-quality products to the aerospace industry in Canada and internationally. The company provides integrated manufacturing solutions for aerospace components and assemblies, including design, engineering, manufacturing, finishing, and logistics. Meloche Group operates four manufacturing sites in Québec, located in Salaberry-de-Valleyfield, Bromont, Hemmingford, and Montréal, with its headquarters in Beauharnois and its innovation centre in Brossard. With a diversified client portfolio, the company employs more than 600 people. For more information: www.melocheinc.com

About Groupe Rossi Aéro

Founded in 1976 by Jacques Rossi, Groupe Rossi Aéro is a recognized player in aerospace subcontracting. Acquired starting in 2009 by Mathieu Rossi and his spouse Céline Rossi Carrasco, the company developed alongside its teams as a specialist in rapid manufacturing of parts and sub-assemblies for the aerospace industry. The group brings together integrated expertise in precision machining, sheet metal work, surface treatment, and assembly. Groupe Mecachrome acquired Groupe Rossi Aéro in 2022, in a context of significant industrial challenges, providing the support needed to stabilize, secure, and grow its operations. With three sites in the Toulouse region, the group employs nearly 300 people. Customer satisfaction, on-time delivery, and quality are at the core of its DNA.

About Novacap

Novacap is a leading investor and one of Canada’s most experienced private equity firms in Canada. Founded in 1981 to partner with visionary entrepreneurs, Novacap focuses on middle market and lower-middle market companies in four core sectors: Technologies, Digital Infrastructure, Industries, and Financial Services. Novacap combines deep sector specific expertise and strategic and operational excellence to partner with entrepreneurs and management teams. Since its inception, the firm has made primary and add-on investments in more than 250 companies. With over CDN $16 billion in assets under management, Novacap accelerates value creation through strategic growth initiatives and a strong focus on execution. For more information: www.novacapcorp.com

About Investissement Québec

Investissement Québec’s mission is to play an active role in Québec’s economic development. The Corporation’s services are designed to spur productivity, innovation, market development and the competitiveness of Québec businesses. To that end, Investissement Québec supports them at every stage of their growth with financing and assistance in the areas of business consulting, technological transformation and workforce strategies. In addition, through Investissement Québec International, the Corporation also provides concrete support for businesses’ export activities and conducts prospecting activities to attract foreign investment to Québec.

About Export Development Canada

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad. EDC has the financial products and knowledge Canadian companies need to confidently enter new markets, reduce financial risk and grow their business as they go from local to global. Together, EDC and Canadian companies are building a more prosperous, stronger and sustainable economy for all Canadians. To learn more about EDC or how we can support your business, call 1-800-229-0575 or visit www.edc.ca

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Transaction between EQT and Eutelsat to carve out satellite ground infrastructure into SatPort Infrastructure will not proceed

eqt

The EQT Infrastructure VI fund (“EQT Infrastructure”) confirms that the contemplated transaction announced on 9 August 2024 will not proceed. EQT Infrastructure had agreed to acquire a majority stake in Eutelsat Group’s Ground Station Infrastructure Business through a newly created portfolio company, SatPort Infrastructure. As part of the transaction, Eutelsat had agreed to reinvest to own 20% of SatPort Infrastructure.

The transaction will not proceed due to conditions precedent to closing not being satisfied. EQT Infrastructure remains fully committed to the growth of its portfolio company SatPort Infrastructure and will continue to invest in and develop the platform as a standalone business. SatPort Infrastructure will continue to pursue its strategy of building a resilient, secure and scalable satellite ground infrastructure platform, serving a broad range of satellite operators, governments and enterprise customers.

Without the closing of this transaction, EQT Infrastructure VI is expected to be 60-65 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication).

Contact

EQT Press Office

press@eqtpartners.com

About EQT

EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of more than three decades of developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT has €‌​​270​‌ billion in total assets under management (€141​‌ billion in fee-generating assets under management) as of 31 December 2025, within two business segments – Private Capital and Real Assets.

With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in more than 25 countries across Europe, Asia and the Americas and has more than 1,900 employees.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, X, YouTube and Instagram

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Carlyle provides financing package to Mecachrome Group, a leading global supplier to the aerospace and defense industry

Carlyle

Paris, France – 08 December 2025 – Global investment firm Carlyle (NASDAQ: CG) today announced that its Global Credit platform has provided a financing package of €290 million to support Mecachrome Group, a leading European designer and manufacturer of high-precision components serving the Aerospace and Defense sectors.

Founded in 1937, Mecachrome Group is a leading global tier-1 supplier of high-precision aerostructure and engine components, supporting mission-critical programs across commercial aerospace, defense and motor sports. The company combines deep engineering expertise with fully integrated machining and assembly capabilities, operating a diversified network of more than 20 manufacturing sites across Europe, North America and North Africa. With long-standing, deeply embedded relationships with major aircraft and engine manufacturers, the company plays a critical role in helping the industry to scale production and meet accelerating global demand for new aircraft fueled by record backlogs. Tikehau Capital has been Mecachrome’s Group’s majority shareholder since 2020, having partnered with Bpifrance to drive growth. Since launching its aerospace, defense, and digital security investment platform in 2018, Tikehau Capital has formed partnerships with Airbus, Safran, Dassault Aviation, and Thales, which have invested in its sector-focused strategies.

This financing package will strengthen the company’s financial foundation by refinancing its existing indebtedness and providing additional capital to support Mecachrome Group through organic growth initiatives, including expanding its manufacturing capabilities, and strategic acquisitions. 

Mecachrome Group’s precision components are embedded across major commercial and defense programs in Europe. As aircraft production rises and defense spending grows, reliable suppliers capable of scaling have become essential. This financing highlights the role private credit plays in strengthening aerospace and defense supply chains and supporting companies like Mecachrome Group as demand accelerates. 

The transaction further highlights Carlyle Global Credit’s growing activity in the French market, building on recent financings, including Argon, Fitness Park and ADDEV. 

Otto Alaoui, Managing Director in Carlyle Global Credit, said: “As aircraft production and defense investment accelerate globally, the industry relies on trusted partners like Mecachrome to expand capacity and maintain delivery performance. This transaction supports that growth, strengthening Mecachrome Group’s ability to meet higher volumes, invest in its operations, and continue its role as a key contributor to Europe’s aerospace and defense ecosystem.”

Christian Cornille, President and CEO of Mecachrome Group, said: “We are delighted to partner with Carlyle. This transaction enables us to advance the next stage of Mecachrome’s industrial transformation and will be critical as we look to scale capacity, drive operational excellence, and meet the growing needs of our customers across major aerospace and defense programs.”

—

 

 

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across its business and operates through three segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $474 billion of assets under management as of September 30, 2025, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,400 people in 27 offices across four continents. Further information is available at carlyle.com. Follow Carlyle on LinkedIn at The Carlyle Group and on X at @OneCarlyle.

 

 

About Mecachrome Group

Mecachrome Group is a High Precision Mechanics world leader. For more than 80 years, Mecachrome has been a key player in the design, engineering, machining and assembly of high-precision parts and assemblies for the Aerospace, Premium automotive, Motor sport, Defence and Energy industries. Thanks to its industrial expertise and cutting-edge technology, Mecachrome has earned an international reputation as a first-rate integrator for its customers, which include Airbus, Boeing, Bombardier, Dassault, Safran, Stelia, Porsche, Rolls Royce. Mecachrome employs 5 000 people worldwide.

 

 

Media Contacts 

Carlyle:

Charlie Bristow

Tel: +44 (0) 7384 513568

Email: charlie.bristow@carlyle.com

 

Mecachrome Group:

Anne-annabelle Begey

Tel : +33 646505224

Email: anne-annabelle.begey@mecachrome.com

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Arcline Investment Management to Acquire Novaria Group from KKR for $2.2 Billion

KKR
  • Transaction Positions Leader in Aerospace Engineered Components and Specialty Processes for its Next Chapter of Growth at Scale
  • Provides Cash Payouts to All Employees Through Ownership Program

FORT WORTH, Texas & NEW YORK–(BUSINESS WIRE)– Leading investment firms KKR and Arcline Investment Management (“Arcline”) today announced that Arcline has entered into a definitive agreement to acquire Novaria Group (“Novaria” or the “Company”), a leading provider of engineered aerospace components and specialty processes, in a transaction valued at $2.2 billion.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251109412781/en/

“We are proud of how we built Novaria in partnership with the management team into a resilient aerospace and defense supplier that benefits its employees and customers,” said Josh Weisenbeck, Partner at KKR. “This milestone was enabled by an ownership mindset, operational excellence, and putting our people first, and we are pleased to see all employees share in the value they helped create.”

Following KKR’s initial investment in 2020, Novaria has more than tripled in size, completing 13 strategic add-on acquisitions that broadened its product portfolio and enhanced its manufacturing footprint. The Company today serves 3,000+ customers globally and employs over 1,600 colleagues across the U.S.

“This transaction represents the success of our long-standing partnership with KKR and the dedication of the Novaria team,” said Bryan Perkins, CEO of Novaria Group. “Novaria’s focus on customer partnership within the aerospace industry has driven remarkable results, and this outcome is a reflection of the collective effort and commitment of our colleagues.”

KKR’s track record with Novaria and focus on employee engagement have delivered measurable results across the organization:

  • Safety: Improvements in safety have reduced the total recordable incident rate by over 60% since 2021
  • Talent Retention: Delivered an almost 20% reduction in voluntary turnover since 2021
  • Ownership Culture: Achieved top quartile for manufacturing companies on the Ownership Works index

As a result of Novaria’s employee ownership program, all of the Company’s over 1,600 employees will receive cash payouts upon closing the transaction.

KKR and Novaria were advised by Morgan Stanley & Co. LLC as financial advisor and Kirkland & Ellis as legal advisor on the transaction.

The transaction is subject to customary closing conditions and regulatory approvals.

About Novaria Group
Founded in 2011 and headquartered in Fort Worth, TX, Novaria Group is a leading provider of niche engineered components and specialty processes that serve the aerospace and defense industries. With a mission to improve the aerospace supply chain, Novaria is dedicated to delivering exceptional customer service and quality to its customers. Novaria’s range of products and capabilities position it as a trusted partner to over 3,000 customers.

About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media Contact
Novaria Group
Dragana Repaja
drepaja@novariagroup.com

KKR
Kenny Juarez / Sarah Moon
media@kkr.com

Source: KKR

 

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Ardian acquires stake in JPB Système, a leading provider of innovative solutions for the aerospace sector and Industry 4.0.

Ardian

With this primary transaction, Ardian’s Growth team is partnering with Damien Marc and the key managers of JPB Système to accelerate the group’s international growth and support its innovation strategy.

JPB Système, a leading French industrial player specializing in the design of self-locking fastening solutions for aircraft engines, welcomes Ardian, a world-leading private investment firm, as a minority shareholder.

Founded in 1995 and led by Damien Marc, who succeeded his father in 2005, JPB Système has established itself as a strategic partner to major global engine manufacturers (including Pratt & Whitney, Safran, GE and Rolls-Royce), thanks to its portfolio of patented products, recognized industrial excellence, and strong capacity for innovation. The group, headquartered in Seine et Marne, generates over 90% of its revenue internationally and employs nearly 200 people.

This transaction marks a major new milestone in the group’s growth, aiming to accelerate its international expansion, strengthen its innovation capabilities, and support its role as a key player in the industry of the future.

The partnership is designed to consolidate JPB Système’s leadership in its core markets and support the company’s entry into new segments through a sustained innovation policy and close customer relationships based on a deep understanding of their needs.

Ardian will leverage the strength of its international network and its expertise in supporting high-growth companies to help drive the group’s technological and organizational development.

Ardian also intends to support the commercial and technological development of JPB Système’s innovations, notably Keyprod, a hardware and software solution for real-time machine performance monitoring, and Boltrakk, a fastening monitoring system aimed at new aerospace and industrial markets. These solutions fully embody the group’s innovative DNA and will open up new avenues for growth.

“Ardian’s minority investment in our capital marks a major milestone in the history of JPB Système. This partnership will accelerate our international development and strengthen our innovation capabilities in the fields of aerospace and Industry 4.0. We are honored to join forces with Ardian, a world-class investment firm, as we pursue our ambition to reinforce French industrial excellence and push the boundaries of innovation on a global scale.” Damien Marc, CEO, JBP Système

“JPB Système embodies French industrial excellence and innovation in service of the global aerospace industry. We have been impressed by Damien Marc’s vision and the quality of the JPB Système team. We are proud to support JPB Système in achieving its ambitions by leveraging all of Ardian’s human, sector-specific, and international resources.” Alexis Saada, Head of Growth & Senior Managing Director, Ardian

“We are convinced that innovation and growth are essential drivers of sustainable value creation. This investment in JPB Système perfectly illustrates our commitment to supporting companies that place technology, excellence, and agility at the heart of their development.” Romain Chiudini, Managing Director Growth, Ardian

List of participants

  • ARDIAN

    • Ardian (Growth): Alexis Saada, Romain Chiudini, Florian Dupont, Solène Hamouda
    • Legal: McDermott Will & Schulte (Diana Hund, Herschel Guez, Auriane Tournay, Benoît Maïto, Côme de Saint-Vincent, Louisiana Lungu, Naré Arshakyan, Charles de Raignac, Emie Paganon, Mai Matsubara, Sabine Nauges, Yves-Emmanuel Le Roux)
    • Financial: Eight Advisory (Christophe Delas, William Jarraud, Paul Mathonnat)
    • Strategic: Strategy& (Xavier Monin, Thierry Calatayut, Léo Lengelé)

  • JPB SYSTEME

    • Management : Damien Marc, Emmanuel Bordry
    • M&A and Financing : Alantra (Olivier Guignon, Florian Touchard, Noémie Curmi, Julien Bordier-Lorenzi, Simon Berta, Jules Dormoy)
    • Legal : Hogan Lovells (Matthieu Grollemund, Pierre-Marie Boya, Eliott Fourcade, Paul de Boishebert, Cassandre Porges, Lucas Glicenstein, Alexis Caminel, Elise Criez)
    • Financial : Eight Advisory (Stéphane Vanbergue, Mehdi Laghmiri, Arnaud Lassiaz, Pierre Rochard)

ABOUT JPB SYSTÈME

JPB Système designs, develops, and manufactures patented self-locking fastening solutions and connected monitoring technologies dedicated to the aerospace sector and Industry 4.0. Its innovations secure critical assemblies, reduce maintenance costs and downtime, and contribute to the sustainable performance of aircraft engines.
Based in Villaroche, near Paris, and employing nearly 200 people, the company generates over 90% of its revenue from exports, and works with the world’s leading engine manufacturers, including Safran, Pratt & Whitney, GE, Rolls-Royce, and ITP Aero. Recognized as an “Industry of the Future Showcase,” JPB Système is a member of GIFAS, French Fab, and Bpifrance Excellence.
A pioneer in integrating digital technologies at the heart of industrial production, JPB Système also develops Keyprod, a hardware and software solution for real-time machine performance monitoring, and Boltrakk, an innovative system for monitoring the tightening of fasteners. These innovations reflect the group’s commitment to paving the way for a smarter, more connected, and more efficient industry.

JPB Système

About Ardian

Ardian is one of the world’s leading private investment houses, with $192 billion in assets managed or advised on behalf of more than 1,860 clients worldwide. Leveraging our expertise in Private Equity, Real Assets, and Credit, we offer our clients a broad range of investment opportunities and have the agility to meet their needs, which is one of our defining characteristics. Ardian Customized Solutions builds tailor-made investment portfolios, develops specific investment strategies adapted to each client’s needs, and provides access to funds managed by leading partners. Private Wealth Solutions offers dedicated services and access solutions for private banks, wealth managers, and institutional private investors around the world.
With Ardian employees representing a majority of the shareholding, Ardian places particular importance on talent development and values a collaborative culture based on collective intelligence. Spread across 20 offices in Europe, the Americas, Asia, and the Middle East, our 1,050+ employees are fully committed to generating superior returns through responsible investment strategies and in compliance with the highest ethical and social responsibility standards. At Ardian, we are fully dedicated to building sustainable businesses.

ardian.com

Media contacts

JPB SYSTÈME

INCUS MEDIA

jpb@incus-media.com 

Ardian

Image 7

ardian@image7.fr 

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