M&A Deal Summary

Novaria Group Acquires Stroco Manufacturing

On July 19, 2022, Novaria Group acquired aerospace company Stroco Manufacturing

Acquisition Highlights
  • This is Novaria Group’s 7th transaction in the Aerospace sector.
  • This is Novaria Group’s 15th transaction in the United States.
  • This is Novaria Group’s 1st transaction in Missouri.

M&A Deal Summary
Date 2022-07-19
Target Stroco Manufacturing
Sector Aerospace
Buyer(s) Novaria Group
Deal Type Add-on Acquisition
Advisor(s) KAL Capital Markets LLC (Financial)

Target

Stroco Manufacturing

Hazelwood, Missouri, United States
website
Stroco Manufacturing serves the defense and aerospace industries in both the military and commercial sectors. Its customers include Boeing, Lockheed Martin, Northrop Grumman, Bell Helicopter, and Gulfstream. Stroco specializes in an array of product offerings, including small precision sheet metal and machined parts and assemblies. Stroco Manufacturing was founded in 1963 and is based in Hazelwood, Missouri.

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Buyer(S) 1

Buyer

Novaria Group

North Richland Hills, Texas, United States

website

Category Company
Founded 2011
Sector Aerospace
DESCRIPTION

Novaria Group is a cohesive family of precision aerospace & defense component companies, a sum made greater by the value of its parts, that consistently delivers optimum performance and sustainable growth. Novaria Group was founded in 2011 and is based in North Richland Hills, Texas.

DEAL STATS #
Overall 15 of 16
Sector (Aerospace) 7 of 7
Type (Add-on Acquisition) 13 of 14
State (Missouri) 1 of 1
Country (United States) 15 of 16
Year (2022) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-26 FMi Chemical

Bloomfield, Connecticut, United States

FMi Chemical is a provider of nonmetallic aerospace sealants, compounds, and coatings for aircraft manufacturing and MRO. The products consist of proprietary heat-resistant silicone sealants, nonmetallic sealants, compounds, and coatings from industry-leading brands. FMi Chemical is based in Bloomfield, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-21 Anillo Industries

Orange, California, United States

Anillo Industries is a manufacturer of washers, shims, spacers, plain bearings, and stampings. The Company supplies customers worldwide with essential military and commercial aerospace hardware. Anillo Industries was founded in 1957 and is based in Orange, California.

Buy -
Mergr

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