Novaria Group acquires Bandy Manufacturing

Novaria Group, a leading manufacturer of specialty components and hardware for the aerospace and defense industries, announced today it has acquired Bandy Manufacturing, LLC from JW Hill Capital. Bandy Manufacturing is a recognized leader in the production of tight tolerance aerospace and defense hinges and pins. Terms of the deal were not disclosed.

Founded in 1953, Bandy just celebrated 70 years of supplying its customers with high-precision aerospace hardware. Its worldwide reputation for quality and reliability, as well as its guiding philosophy to be the most responsive supplier in the market, has established it as a trusted partner to the aerospace and defense sectors.

“The acquisition of Bandy aligns perfectly with Novaria’s mission to deliver exceptional value to our customers in the aerospace and defense industries,” said Novaria CEO Bryan Perkins. “Bandy’s expertise in aerospace hinges and pins, combined with its legacy of innovation and excellence, enhances our ability to serve a critical need in the market.”

Bandy Manufacturing’s operations will remain in its Burbank, California, facility under the leadership of Roger Seaman, who will stay on as President and General Manager to oversee the business.

“We are thrilled to join the Novaria Group family,” said Seaman. “This partnership marks an exciting new chapter for our company, allowing us to expand our capabilities and better serve our customers while driving growth for both organizations.”

D.A. Davidson & Co. and Paul Weisbrich advised Bandy Manufacturing and JW Hill Capital on the transaction.