Blank Rome Represents UAV Factory in Its Sale to AE Industrial Partners
A Blank Rome team represented UAV Factory in its sale to AE Industrial Partners (“AEI”), a private equity firm specializing in aerospace, defense & government services, power generation, and specialty industrial markets. The transaction closed on January 27, 2021.
Founded in 2009, UAV Factory is a global leader in tactical unmanned aerial vehicle (“UAV”) design and manufacturing, having delivered more than 300 aircraft to defense, intelligence, and commercial customers in more than 55 countries. The acquisition will provide a new standalone unmanned technology platform for AEI, as the firm looks to further invest in this fast-growing market.
For more information on this acquisition, please read AE Industrial Partners Acquires UAV Factory, a Leader in the Tactical Unmanned Aerial Vehicle (UAV) and ISR Technology Markets (press release, January 28, 2021).
The Blank Rome team was led by Peter Schnur, Thomas Cournoyer, and Simon Bord, with significant support from Joe Gulant, Lisa Casey Spaniel, Michael Kim, and David Gilbert.