KKR Acquires Novaria Group from Rosewood Private Investments and Tailwind Advisors

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

November 10, 2025

Industrial Services

Arcline Investment Management has entered into a definitive agreement to acquire Novaria Group for $2.2 billion. The deal will provide cash payouts to Novaria employees under the company’s employee ownership program and is expected to support Novaria’s continued expansion across the aerospace and defense supply chain.

Novaria Group (with KKR) Acquires The Young Engineers, Inc.

March 9, 2021

Aerospace & Defense

Novaria Group, with equity partner KKR, has acquired The Young Engineers, Inc., a Southern California manufacturer of aerospace fasteners and inserts. The deal strengthens Novaria's aerospace fastener capability and expands its portfolio of proprietary and qualified products; terms were not disclosed.

Novaria Group Acquires John Hassall

December 15, 2014

Manufacturing

Novaria Group, the aerospace investment platform of Rosewood Private Investments and Tailwind Advisors, acquired John Hassall, Inc., a manufacturer of specialty aerospace fasteners. Alderman & Company advised on the sale; terms were not disclosed.

Novaria Group Acquires GK Mechanical Systems, LLC

December 15, 2021

Manufacturing

Novaria Group has acquired GK Mechanical Systems, LLC, a designer and manufacturer of automatic positive locking systems for aerospace, defense and naval customers; terms were not disclosed. The deal expands Novaria's portfolio of proprietary hardware and strengthens its engineered locking and component capabilities while GK's management will continue to run the business.

Novaria Group Acquires Advanced Coating

January 25, 2022

Manufacturing

Novaria Group, a Fort Worth-based manufacturer of specialty hardware for the aerospace and defense industries, has acquired Advanced Coating, a Rancho Cucamonga-based provider of Parylene conformal coating and surface enhancement services. The deal brings Advanced Coating onto Novaria's platform to expand coating capabilities and support growth across military, avionics, industrial electronics and medical device markets; terms were not disclosed.

Novaria Group to Acquire Stroco Manufacturing

July 19, 2022

Aerospace & Defense

Novaria Group has signed an agreement to acquire Stroco Manufacturing, Inc., a defense and aerospace specialty hardware supplier. The deal is expected to close in the same month, subject to customary closing conditions, and Stroco will continue operations under the leadership of its current owner.