Sterlington Advises Novaria’s Management Team on $2.2 Billion Sale to Arcline Investment Management

NEW YORK--(BUSINESS WIRE)--Sterlington advised the management team of Novaria Group (“Novaria”), a leading provider of engineered aerospace components and specialty processes, on executive compensation arrangements related to the recently announced $2.2 billion sale of the company to Arcline Investment Management from KKR.

Founded in 2011 by CEO Bryan Perkins and backed by KKR since 2020, Novaria has more than tripled in size over the past five years, completing 13 strategic add-on acquisitions that broadened its product portfolio and enhanced its manufacturing footprint. Today, the company serves more than 3,000 customers globally.

The transaction is subject to customary closing conditions and regulatory approvals.

Executive Compensation partner Jeremy L. Goldstein and M&A partner Christopher S. Harrison led the Sterlington team, with support from partners Kristy Fields, Michael Gilligan, and Robert Kantowitz as well as associate Stefania Olmos.

About Novaria Group

Founded in 2011 and headquartered in Fort Worth, TX, Novaria Group is a leading provider of niche engineered components and specialty processes that serve the aerospace and defense industries. With a mission to improve the aerospace supply chain, Novaria is dedicated to delivering exceptional customer service and quality to its customers. Novaria’s range of products and capabilities position it as a trusted partner to over 3,000 customers.

About Sterlington

Sterlington PLLC is a full-service law firm focusing on complex corporate, litigation, executive compensation, and private wealth matters. As a firm, we focus on the economic as well as the legal aspects of our matters.

Among other strengths, Sterlington is the ultimate law firm for founders, senior executives, and UHNWIs as well as their related businesses.

Visit us at www.sterlingtonlaw.com.