WALLESS Advised UAVFACTORY SIA in Aerospace M&A Transaction
WALLESS served as legal advisor for the sellers in the transaction of acquisition of UAVFACTORY SIA (“UAVFACTORY”) by AE Industrial Partners, LP (“AEI”).
UAVFACTORY is a global leader in the tactical Unmanned Aerial Vehicle (UAV) and Intelligence, Surveillance, Reconnaissance (ISR) technology markets. Founded in 2009 in Latvia, UAVFACTORY is a leading trendsetter in tactical UAV design and manufacturing and has delivered over 300 aircraft to defense, intelligence, and commercial customers in 55+ countries. UAVFACTORY develops and produces fixed-wing UAV, UAV subsystems, stabilized EO/IR camera payloads and accessories for the unmanned and manned aircraft industry.
AEI is a US private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.
WALLESS Partner Sintija Radionova, Senior Associates Andis Ozoliņš and Kristīne Sakārne worked on the transaction.