Loar Holdings Closes $750 Million Secondary Offering
Deal News | May 19, 2025 | Ropes & Gray
Ropes & Gray has successfully advised the underwriters in Loar Holdings Inc.’s secondary offering valued at $750 million. This follows the firm's previous advisory role in Loar Holdings' initial public offering (IPO) last year. The offering, announced in a press release, reached conclusion on May 16. Loar Holdings is a notable entity in the aerospace and defense industry, providing niche components essential for contemporary aircraft and defense systems.
Sectors
- Aerospace and Defense
- Legal Advisory
- Financial Services
Geography
- United States – Both Loar Holdings and Ropes & Gray are based in the United States, and the offering would have significant implications within this geographical area.
Industry
- Aerospace and Defense – Loar Holdings operates within the aerospace and defense industry, providing essential components for aircraft and defense systems.
- Legal Advisory – Ropes & Gray, a law firm, provided legal advisory services for the secondary offering of Loar Holdings.
- Financial Services – The underwriters involved in the financial structuring and execution of Loar Holdings' $750 million secondary offering operate within the financial services industry.
Financials
- $750 million – The total value of Loar Holdings' secondary offering.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Loar Holdings Inc. | Target Company | Company | A diversified manufacturer and supplier of niche aerospace and defense components. |
| Ropes & Gray | Legal Advisor | Company | The law firm that advised the underwriters on the secondary offering of Loar Holdings. |
| Underwriters | Financial Advisors | Company | The financial institutions involved in structuring and executing the secondary offering. |