Aerospace & Defense Divestitures in 2026

Kingswood Capital Management has completed the acquisition of Safran Passenger Innovations from Safran and the business has been renamed RAVE Aerospace. Headquartered in Brea, California, RAVE Aerospace provides in‑flight entertainment and connectivity solutions for airlines, lessors and OEMs; Kingswood says it will invest to accelerate growth, expand globally, and develop new technologies.

HLD Europe has completed the sale of a 9.77% stake in Exosens to THEON INTERNATIONAL at a price of €54 per share. After the transaction HLD Europe retains a 22.35% stake in Exosens; THEON (a European night-vision and thermal imaging manufacturer) takes a strategic minority position in the company.

Capitol Meridian Partners and Stellex Capital Management completed the carve-out acquisition of Beaufort, the aerospace and defense survival equipment division of Survitec, positioning Beaufort as an independent survival technologies platform backed by private equity. The deal (terms undisclosed) establishes a long-term investment to support Beaufort’s growth through operational investment, portfolio expansion and potential strategic acquisitions; Beaufort employs roughly 1,200 people and is headquartered in Ellesmere Port, United Kingdom.