Sullivan Street Partners has acquired Senior Plc’s Aerostructures division for up to £200 million, marking its largest deal to date, aiming to expand operational capabilities in the growing aerospace sector.

Information on the Target

Sullivan Street Partners, a UK-based private equity firm, has finalized a binding agreement to acquire the Aerostructures division of Senior plc for an enterprise value of up to £200 million (approximately $275 million). This marks Sullivan Street's largest acquisition to date. Senior's Aerostructures business is recognized for its precision machining of airframe and aero engine components, as well as complex assemblies intended for commercial aerospace, defense, and space applications. The division has built a strong reputation for delivering excellent customer service and operational execution, catering to clients across the United States, United Kingdom, and Asia.

Industry Overview in the Target’s Specific Country

The aerospace industry in the UK is currently experiencing unprecedented growth, driven by significant demand for commercial aircraft. This surge is evidenced by record backlogs that reflect the sector's robust prospects. As airlines and air travel are anticipated to rebound, the continued investment in aerospace capabilities is vital for addressing anticipated future demand.

The UK aerospace sector is characterized by its innovation and advanced manufacturing techniques, positioning it as a leading player on the global stage. With top-tier companies operati