BlackArch Partners was retained by J.F. Lehman & Company to serve as their exclusive financial advisor on the transaction
BlackArch designed a tailored marketing process that targeted select strategic acquirors with experience in the aerospace, defense and government sector. The BlackArch team provided potential acquirors with a consolidated set of materials and subsequent in-person meetings with management to interested parties who distinguished themselves early in the process. Select parties demonstrated in-depth industry knowledge, familiarity with Doss’ business model, strong cultural fit and differentiated valuation. BlackArch was able to generate substantial interest in Doss Aviation, ensure a premium outcome for Doss’ shareholders and find a partner that could both benefit its existing capabilities from the addition of Doss and assist the business in its next phase of growth.
Doss Aviation received significant interest from strategic acquirors. Doss Aviation was acquired by L3 Technologies, a leading defense contractor that provides a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms and a prime contractor in pilot training.