Situation
BlackArch was retained by J.F. Lehman & Company to serve as their exclusive financial advisor on the transaction.
BlackArch’s Customized Solution
BlackArch designed a tailored marketing process that targeted select strategic acquirors with experience in the aerospace, defense and government sector. Selected parties demonstrated in-depth industry knowledge, familiarity with Doss’ business model, strong cultural fit and differentiated valuation. BlackArch was able to generate substantial interest in Doss Aviation, ensure a premium outcome for Doss’ shareholders and find a partner that could both benefit its existing capabilities from the addition of Doss and assist the business in its next phase of growth. Doss Aviation received significant interest from strategic acquirors.
Outcome
Doss Aviation was acquired by L3 Technologies, a leading defense contractor that provides a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms and a prime contractor in pilot training.
Industries:
Aerospace & Defense
Location:
Pueblo, CO
Transaction type:
Sellside Advisory