What Happened
Private Equity Firm Expands Novaria Roll-Up
Arcline Investment Management has acquired Avantus Aerospace, a provider of fasteners and C-class parts for narrowbody aircraft production. The deal, announced on July 1, adds Avantus to Arcline’s Novaria roll-up. Inflexion, the previous owner, did not disclose the deal’s value. The acquisition may signal Arcline’s intent to expand its aerospace supply chain presence. This development was first reported by Aviation Week.