
Loar Holdings
Airplane Parts
Company websiteCapitalization
$2200mil
Foundation year
2012
Close date
5/29/2024
Profitability
100%
About
The company specializes in the design, manufacture, and sale of niche aerospace and defense components crucial for modern aircraft and aerospace and defense systems. Its emphasis on mission-critical, highly engineered solutions with significant intellectual property content has resulted in approximately 85% of its 2023 net sales coming from proprietary products, where it holds market-leading positions. The products also have substantial aftermarket exposure, historically generating predictable and recurring revenue, with 52% of the 2023 net sales derived from these aftermarket products.
Underwriters
Jefferies/ Morgan Stanley/ Citigroup/ Moelis & Co./ RBC Capital Markets