Mesirow Advises Applied Avionics, Inc.
Sector: Aerospace & Defense
Client / Target company: Applied Avionics, Inc.
Buyer / Investor: Loar Holdings Inc.
Incorporated in 1968, Applied Avionics designs, develops and manufactures highly engineered avionics interface solutions. Applied Avionics is the manufacturer of the VIVISUN® line of ruggedized, MIL-SPEC lighted pushbutton switches and NEXSYS® system-to-system integration avionics, which are the preferred choices of leading aircraft retrofit providers, military prime contractors, Tier 1 suppliers, and OEMs, among others. Nearly all of the Company’s revenues are derived from proprietary designs and over 75% of revenues are derived from aftermarket retrofits and platform upgrades. Applied Avionics’ manufacturing plant in Fort Worth, TX, employs over 80 individuals.
