Belgian-based investment company FLARE Group has launched its European aerospace & defence investment firm.
The new firm is backed by private investors and family offices from the US and Europe. The firm will focus on acquiring and supporting high-value companies across Europe's aerospace and defence supply chain.
“With our new fund, FLARE Group will focus on opportunities within European aerospace, defence manufacturing and related technologies,” said FLARE Group co-founder and CEO of cockpit simulator specialists EURAMEC Bert Buyle. “Our strategy is to strengthen the growth of our existing companies while pursuing targeted acquisitions that fit our technological and industrial focus.”
FLARE co-founder Bill Minkoff said: "Europe provides diversification benefits for US investors because its economic cycles and market dynamics differ from those in the United States. At the same time, relatively favourable interest-rate conditions can reduce the cost of leveraged buyout financing and improve return potential.”