KippsDeSanto & Co. Advises Alliance Spacesystems, a subsidiary of SolAero Technologies Corp., on its sale to Applied Composites

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KippsDeSanto & Co. advises Alliance Spacesystems, a subsidiary of SolAero Technologies Corp., on its sale to Applied Composites

KippsDeSanto & Co. is pleased to announce the divestiture of its client, Alliance Spacesystems (“Alliance” or the “Company”) from SolAero Technologies Corp. to Applied Composites, a portfolio company of AE Industrial Partners.

Headquartered in Los Alamitos, California, Alliance provides high-precision composite payload structures for use in satellite buses, antenna reflectors, booms, and support structures for use in both military and commercial satellite applications. As a qualified supplier for Boeing, Lockheed Martin, and Northrop Grumman, among others, the Company offers end-to-end composite manufacturing services, to include engineering, manufacturing, integration, and final qualification testing. The Company’s full suite of composite structure capabilities, state-of-the-art facilities in Los Alamitos and San Diego, and deep customer relationships uniquely position Alliance to complement Applied Composites existing capabilities and accelerate the combined company’s growth.

 

 

We believe this transaction demonstrates several key trends in the aerospace and defense M&A market:

  • Continued interest and investment in the space end market
  • Demand for companies with entrenched position on well-funded programs, and the customer relationships needed to maintain that positioning
  • Value creation through the realization of operational and production synergies
  • Sustained private equity M&A activity in essential industries despite COVID-19 and associated macroeconomic uncertainty

 About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity and industry experience. We help market leaders realize their full strategic value. Having advised on over 100 industry transactions, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience.  For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.