Precise Flight Completes Sale to Signia Aerospace with Mesirow as Advisor
Deal News | Aug 18, 2025 | Mesirow Financial Private Equi
Mesirow, an independent financial services firm, served as the exclusive financial advisor for Precise Flight during its acquisition by Signia Aerospace, a portfolio company of Arcline Investment Management. Precise Flight, headquartered in Bend, Oregon, specializes in advanced safety and performance systems for the aviation sector, including products like aviation oxygen systems, speedbrakes, and precision lighting. The acquisition, guided by Mesirow's expertise in the aerospace and defense industry, aligns Precise Flight with a partner poised to support its growth and success. Key executives from both Precise Flight and Mesirow praised the partnership and the skilled navigation of the transaction complexities, marking another milestone in Mesirow's history of successful transactions in the aerospace and defense sector.
Sectors
- Aerospace & Defense
- Investment Banking
Geography
- United States – The main entities mentioned, Mesirow, Precise Flight, and Signia Aerospace, are based in the United States, with Precise Flight headquartered in Bend, Oregon.
Industry
- Aerospace & Defense – This industry is relevant as Precise Flight and Signia Aerospace operate within the aerospace sector, focusing on aviation safety and performance systems.
- Investment Banking – Mesirow operates within the investment banking industry, providing advisory services in transactions such as the Precise Flight sale.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Precise Flight | Target Company | Company | Designs and manufactures advanced aviation safety and performance systems. |
| Signia Aerospace | Purchaser | Company | A portfolio company of Arcline Investment Management. |
| Arcline Investment Management | Private Equity Owner | Company | The private equity firm that owns Signia Aerospace. |
| Mesirow | Financial Advisor | Company | Independent financial services firm advising on the transaction. |
| Adam Oakley | Senior Managing Director and Co-Head of Investment Banking at Mesirow | Person | Involved in representing Precise Flight in the transaction. |
| Doug La Placa | Chief Executive Officer of Precise Flight | Person | Commented on Mesirow's invaluable guidance. |
| Scott Greenstone | Chief Financial Officer of Precise Flight | Person | Expressed gratitude for Mesirow's partnership. |
| Andrew Carolus | Managing Director of Mesirow Investment Banking | Person | Expressed satisfaction in partnering with Precise Flight. |