Kirkland Advises KKR-Backed Novaria Group on $2.2 Billion Sale to Arcline Investment Management

Kirkland & Ellis advised KKR and its portfolio company, Novaria Group, a leading manufacturer of engineered aerospace components and specialty processes, on a definitive agreement to sell Novaria to Arcline Investment Management for $2.2 billion. 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 transaction is subject to customary closing conditions and regulatory approvals.

Read the transaction press release

The Kirkland team included corporate lawyers Jennifer Perkins, Colin Zelicof, Jonas Goransson, Isabella Bergonzoli Jaramillo and Anne Hicks; tax lawyers Mike Beinus and Vivek Ratnam; executive compensation lawyers Rohit Nafday and Paige Costakos; debt finance lawyers Adam Shapiro and Taylor Andrews; environmental transaction lawyers Michael Saretsky and Cheyenne Overall; and litigation lawyers Boyd Greene and Chris Huff.