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Novaria Group Announces Acquisition of the Young Engineers, Inc.
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2021-03-17
Novaria is pleased to announce the acquisition of The Young Engineers, Inc. (TYE). TYE is an expert in the design and manufacturing of aircraft and aerospace hardware, with a primary focus on fasteners and inserts. The terms of the deal were not disclosed.
This acquisition continues Novaria’s expansion into aerospace fasteners. “We have made several acquisitions since April 2020, all of which are unique contributors to our evolving business model,” said Novaria CEO Bryan Perkins. “The acquisition of TYE is an integral part of our strategy to expand our portfolio of proprietary and qualified products we offer customers.”
TYE operations will continue at its Southern California facility with its tenured, skilled employees, including former owner and president Pat Wells.
Novaria Group
the Young Engineers
acquisition
