Loar Group

Overview

Loar Group is a diversified manufacturer and supplier specializing in niche aerospace and defense components. The company focuses on mission-critical, highly engineered solutions with significant intellectual property content, resulting in approximately 85% of its 2024 net sales being derived from proprietary products where it holds market-leading positions. Additionally, about 53% of its 2024 net sales were derived from aftermarket products, providing predictable and recurring revenue streams. The company's strategic growth is driven by acquisitions of companies specializing in the design and manufacture of aerospace and defense components. Notable acquisitions include CAV Systems Group Limited in September 2023, a leading provider of ice protection and drag reduction systems; Desser Aerospace's Proprietary Solutions segment in July 2023, now operating as DAC Engineered Products; and SCHROTH Safety Products in July 2022, a global leader in occupant protection systems. These acquisitions have expanded Loar's product offerings and strengthened its position in the aerospace and defense sectors. Loar Group's portfolio includes components and systems for both commercial and military aerospace, as well as specialized defense applications. The company has established relationships across leading aerospace and defense original equipment manufacturers (OEMs), Tier One manufacturers, and airline customers worldwide. Its products are trusted by major industry players, including Airbus, Boeing, Dassault, and Thales. The company's focus on innovation, quality, and customer service has positioned it as a key player in the aerospace and defense manufacturing industry.

Investment Focus

• Established aerospace and defense companies with proprietary products
• Companies with strong aftermarket revenue streams
• Businesses with significant intellectual property content

Portfolio Companies