WALLESS Advised UAVFACTORY SIA in Aerospace M&A Transaction

2021 01 29

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.

Read more here and here.

WALLESS Weekly Review

Subscribe and receive the summary of the Lithuanian Supreme Court's rulings every week in your inbox. The information is prepared by the WALLESS Arbitration and Dispute Resolution Team.

Please note that review is in Lithuanian.