Novaria Group Acquires John Hassall

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 Acquires Bandy Manufacturing

January 21, 2025

Aerospace & Defense

Novaria Group has acquired Bandy Manufacturing, LLC from private equity owner JW Hill Capital. Bandy, a longtime producer of precision aerospace hinges and pins based in Burbank, California, will continue operations under President Roger Seaman; terms were not disclosed.

Novaria Group Acquires Hohman Plating

April 5, 2022

Manufacturing

Novaria Group, a Fort Worth-based manufacturer of specialty hardware and coatings for the aerospace and defense market, has acquired substantially all assets of Hohman Plating, a Dayton, Ohio metal finishing and coating business. Hohman will continue operating from Dayton and owner Bill Miller will join Novaria's board; terms were not disclosed. The purchase expands Novaria's finishing and proprietary coating capabilities across aerospace, defense and other end markets.

Novaria Group Acquires Hydro Fitting Manufacturing

January 12, 2022

Aerospace & Defense

Novaria Group, a Fort Worth-based manufacturer of specialty hardware for aerospace and defense, has acquired Hydro Fitting Manufacturing Corporation, a Covina, California-based maker of custom high-pressure valves, charging kits, hose assemblies and fittings. The acquisition — Novaria's sixth since April 2020 — expands Novaria's defense and fitting capabilities and complements its Acra Aerospace business; terms were not disclosed.

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.

KKR Acquires Novaria Group from Rosewood Private Investments and Tailwind Advisors

November 25, 2019

Manufacturing

KKR entered into an agreement to acquire Novaria Group, a Fort Worth, Texas-based manufacturer of specialty aerospace hardware, from sellers Rosewood Private Investments and Tailwind Advisors. The buyout, funded by KKR's Americas XII Fund, will implement a broad-based employee ownership model and support scaling and capability expansion across Novaria's aerospace components operations; financial terms were not disclosed and the deal was expected to close by Q1 2020.