Rosen Aviation Sale to Mid-Continent Controls Finalized
Deal News | Apr 29, 2025 | Mesirow Financial Private Equi
Mesirow Financial Private Equity has successfully advised on the sale of Rosen Aviation to Mid-Continent Controls, a wholly-owned subsidiary of HEICO Corporation. Rosen Aviation, known for its innovative in-flight entertainment and cabin electronics systems, has been a leader in its field for nearly 40 years. The sale was announced on April 29, 2025, highlighting Mesirow's prowess in the aerospace and defense sector. Based in Eugene, Oregon, Rosen Aviation offers cutting-edge solutions for the business and VIP aviation markets. The firm is recognized for its high-quality custom display and control systems that enhance passenger experiences across both modern and legacy aircraft. This transaction underscores the continued growth and strategic plans of Rosen Aviation as it integrates with Mid-Continent Controls under the HEICO umbrella. The involved parties praised Mesirow's role and expertise, emphasizing the financial adviser's significant contributions to achieving a successful transaction. Senior Managing Director Adam Oakley and Managing Director Andrew Carolus expressed optimism about the future trajectory of Rosen Aviation, while owner Darren Sparks acknowledged Mesirow's critical support throughout the process. This acquisition substantiates Mesirow's standing as a formidable player in the investment banking domain, with more than 350 transactions completed across various sectors.
Sectors
- Aerospace & Defense
- Financial Services
Geography
- United States – Rosen Aviation is based in Eugene, Oregon, and Mesirow Financial is based in Chicago, Illinois, indicating the U.S. as a primary geography.
Industry
- Aerospace & Defense – The article discusses a transaction involving Rosen Aviation, a company that designs cabin electronics and in-flight entertainment systems, relevant to the Aerospace & Defense sector.
- Financial Services – Mesirow Financial acted as the exclusive financial advisor to Rosen Aviation, highlighting their role in financial advisory services within M&A transactions.
Financials
- – No specific financial details, such as deal value or other monetary figures, are provided in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Rosen Aviation | Target Company | Company | A leading designer and manufacturer of advanced cabin electronics and in-flight entertainment systems. |
| Mid-Continent Controls | Bidding Company | Company | A wholly-owned subsidiary of HEICO Corporation, involved in acquiring Rosen Aviation. |
| HEICO Corporation | Bidding Company Parent | Company | The parent company of Mid-Continent Controls, involved in the acquisition. |
| Mesirow Financial Private Equity | Financial Advisor | Company | Acted as the exclusive financial advisor to Rosen Aviation for the transaction. |
| Adam Oakley | Senior Managing Director and Co-Head of Investment Banking | Person | Part of the Mesirow team involved in advising the transaction. |
| Darren Sparks | Owner of Rosen Aviation | Person | Owner of the target company, Rosen Aviation. |
| Andrew Carolus | Managing Director of Mesirow Investment Banking | Person | Part of the Mesirow team involved in advising the transaction. |