- Baird Capital invested in CAV in 2017
- Loar Group is an aerospace manufacturer and supplier based in New York
- Baird is an investment firm that makes venture capital, growth equity and private equity investments
Baird Capital has exited its investment in CAV Systems Group, a global aerospace supplier of airborne ice protection systems and drag reduction technology for civilian, commercial and military aircraft.
No financial details of the transaction were disclosed.
CAV is based in County Durham, England.
Baird Capital invested in CAV in 2017.
“CAV is a global leader in in-flight ice protection and drag reduction, enabling safe, efficient flight and being a key enabling technology for the sustainable aviation platforms of the future,” said James Benfield, partner at Baird Capital. “It has been a pleasure to work with Mike and the team through the enhancement of the business’ technology proposition and global expansion under our hold period.”
Loar Group is an aerospace manufacturer and supplier based in New York.
Baird is an investment firm that makes venture capital, growth equity and private equity investments. The firm has offices in Chicago, London, and Singapore.
Baird was advised by Eversheds Sutherland (legal), RSM (financial and tax diligence), CIL Management Consultants (commercial diligence) and Stephens (M&A advisor).