Senior plc to Sell Aerostructures Business to Sullivan Street Partners
Deal News | Jul 22, 2025 | Headway Capital Partners LLP
Sullivan Street Partners, in collaboration with Headway Capital Partners, has agreed to acquire the Aerostructures business unit from Senior plc for an enterprise value of up to £200 million. This acquisition is noteworthy as Sullivan Street's largest investment to date and marks the third collaboration between Sullivan Street and Headway as independent sponsors. The Aerostructures business specializes in precision-machined components for the aerospace, defense, and space industries and operates across the UK, US, and Asia. The deal aims to expand the business's capabilities and enhance manufacturing and supply chain excellence. Sullivan Street plans a seamless transition towards becoming a standalone market-leading supplier, with a rebranding effort in progress. Zeina Bain, Managing Partner at Sullivan Street Partners, expressed enthusiasm for working with the management team to drive growth and enhance customer service.
Sectors
- Aerospace and Defense
- Private Equity
- Manufacturing
Geography
- United Kingdom – Senior plc is headquartered in the UK, and the Aerostructures business has significant operations there.
- United States – The Aerostructures business operates across the United States, indicating significant geographical relevance.
- Asia – Operations of the Aerostructures business extend into Asia, highlighting a crucial regional presence.
Industry
- Aerospace and Defense – The Aerostructures business is involved in manufacturing precision components for aerospace applications.
- Private Equity – Involvement of Headway Capital Partners in backing the acquisition highlights active participation in private equity investment.
- Manufacturing – The focus on enhancing manufacturing excellence in the Aerostructures business underscores its relevance to the sector.
Financials
- £200 million – The total enterprise value of the acquisition deal for the Aerostructures business.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Senior plc | Target Company | Company | A UK-based engineering solutions provider in various sectors including aerospace. |
| Sullivan Street Partners | Buyer | Company | An investment firm acquiring Senior plc's Aerostructures Business. |
| Headway Capital Partners LLP | Private Equity Firm | Company | A private equity firm providing financial backing for Sullivan Street's acquisition. |
| Zeina Bain | Managing Partner | Person | Managing Partner at Sullivan Street Partners involved in the transaction. |