KKR Sells Novaria Group for $2.2B in Aerospace Deal
Update: 2025-11-10
Description
KKRs sale of Novaria Group to Arcline Investment Management for $2.2 billion marks a significant deal in the aerospace industry. Novaria, acquired by KKR in 2020, expanded its portfolio by 13 companies, benefiting from the industrys growth post-pandemic. The sale reflects a trend of private equity firms selling to each other and KKRs employee profit-sharing program, ensuring a cash payout for Novarias employees.
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