AEROSPACE & DEFENSE (A&D) WEBINAR
Strategic and financial considerations impacting the valuation and marketability of an A&D business
Date: Wednesday 28 September 2022 | Time: 17:00–18:30 CEST (08:00–09:30 PACIFIC)
Please join our panel composed of leading strategic buyers, private equity firms and A&D investment bankers who will share their knowledge and experience on the following topics:
- What makes an A&D business attractive from an M&A perspective?
- What factors specifically add to or detract from value — or have the potential to be a showstopper?
- How has COVID affected A&D valuations and M&A activity?
- What is the likely impact of the changing global economy and global instability on A&D businesses going forward?
- Which A&D sectors are likely to see increased/decreased M&A?
- Key thoughts for potential sellers regarding pre-M&A preparation, market entry timing, advisor selection, process considerations and post-transaction involvement
Register
Moderator
Managing Director, Oaklins Janes Capital
View profile
Stephen Perry leads Oaklins’ aerospace, defense & security (ADS) team and is the managing director and co-founder of Janes Capital Partners, our ADS team in Irvine, CA. He has completed over 50 ADS M&A transactions valued at more than US$4.5 billion.
Notable clients include: Frontier Systems in connection with its sale to the Boeing Company; the sale of Composite Engineering, Inc. to Kratos; the sale of Scaled Composites to Northrop Grumman; the sale of Advatech Pacific to General Dynamics; the sale of IntelliPower to AMETEK, Inc.; and the sale of Honeywell’s Lubrication/Scavenge Pump division to TransDigm.
Speakers
Partner, Oaklins France
View profile
Raphaël Petit is a partner and co-founder of Oaklins France. He has been involved in corporate finance for more than 15 years. Responsible for the aerospace, defense & security sector at Oaklins France, Raphaël has closed almost 20 transactions in this industry since 2015, including the sale of Mapaero to the Dutch group AkzoNobel, the acquisition of Cobham’s slip rings and rotating systems division by Naxicap Partners and the acquisition of UK-based Graytone by ADDEV Materials.
Prior to Oaklins, Raphaël worked for several years for Airbus Helicopters in Australia as the CFO of the “Australian Tiger” military helicopter project.
General Manager M&A/Business Development, GE Aviation
David Farkas is the general manager for business development and M&A for GE Aviation. In this role he is responsible for delivering all aspects of business development and M&A efforts at the company.
Prior to joining GE in 2020, David spent most of this career with Honeywell International where he held various M&A leadership positions over 12 years, including eight years as vice president of business
development and M&A for Honeywell Aerospace. He also served as vice president of business development and M&A for the performance materials and technologies (“PMT”) division, and led other portfolio-shaping transactions at Honeywell including the spin-off of Honeywell’s automotive business, Garrett.
Vice President, Acquisitions, HEICO
Adam Bentkover is the vice president for acquisitions at HEICO. He is responsible for leading the company's highly acquisitive growth effort. HEICO Corporation is a rapidly growing aerospace, defense & diversified industrial company focused on niche markets, with a market capitalization of more than US$19 billion. Since 1996, HEICO Corporation has completed more than 90 acquisitions.
Prior to joining HEICO, Adam was a vice president with Comvest Partners, and previously, he worked at Audax Group and Citigroup Investment Banking.
Partner, AE Industrial
Kirk Konert is a partner at AE Industrial, primarily focused on originating, executing and monitoring AE Industrial’s portfolio investments. He currently serves on the board of directors of the following AE Industrial portfolio companies: American Pacific Corporation, The Atlas Group, Belcan, BigBear.ai, Columbia Helicopters, Firefly Aerospace, Pangiam, Redwire and ThayerMahan. Kirk is also a member of the firm’s investment committee. He previously served on the board of directors of Gryphon Technologies, prior to its sale to ManTech International Corporation in 2021.
Before joining AE Industrial in 2014, he was a senior associate at Sun Capital Partners where he focused on sourcing, screening and executing middle market buy-out transactions and Wells Fargo Securities’ Industrials Group, where he focused on M&A and corporate finance transactions.
Managing Partner & CEO, Acorn Growth Partners
As the managing partner of Acorn, Rick Nagel leads the strategic direction of the firm and its portfolio assets. Since he joined Acorn, the firm has closed more than 30 transactions in areas that include advanced manufacturing, government IT services, defense electronics, engineering services, aircraft financing and leasing, intelligence, surveillance and reconnaissance (ISR), maintenance repair overhaul, modernization and upgrades, radar, satellite communications, airborne logistics, air cargo, value-added distribution, unmanned aerial systems (UAS) and counter unmanned aerial systems (C-UAS).
Before Acorn, Rick was with Platinum Equity and was involved with 13 successful acquisitions.
Rick Nagel was appointed to the University of Oklahoma’s board of regents by Governor Kevin Stitt. He is a currently a member of the board of governors for the Aerospace Industries Association (AIA).
Select transactions
Oaklins Janes Capital
Janes Capital Partners is an independent firm which offers financial advisory services and specializes in aerospace & defense. It is a member of Oaklins International Inc., which comprises a number of firms around the world which are all separately constituted and regulated according to their local laws.