Houlihan Lokey Advises BLR Aerospace

Houlihan Lokey is pleased to announce that BLR Aerospace, LLC (BLR) was acquired by Ducommun Inc. (NYSE:DCO). The transaction closed on April 25, 2023.

Founded in 1992, BLR is a leading provider of aerodynamic systems that enhance the productivity, performance, and safety of rotary- and fixed-wing aircraft on commercial and military platforms. BLR has a rich heritage and proud legacy of aerodynamic leadership and currently offers a comprehensive portfolio of products that includes FastFin® systems, winglet systems, propellers, and flow modifiers. BLR’s solutions are intended to increase an aircraft’s overall productivity, performance, and safety, while fundamentally improving its operating characteristics and expanding its mission set.

Ducommun delivers value-added innovative manufacturing products and solutions to customers in the aerospace, defense, and industrial markets. Founded in 1849, the company specializes in two core areas—electronic systems and structural systems—to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications.

Houlihan Lokey served as the exclusive financial advisor to BLR. This transaction exemplifies the continued success of Houlihan Lokey’s A&D practice within the engineered products market segment. Houlihan Lokey is a leading M&A advisor to aerospace, defense, and government services companies, having completed more than 75 transactions since 2020. Houlihan Lokey’s A&D practice remains one of the largest dedicated A&D groups worldwide with seasoned investment bankers in Los Angeles, Washington, D.C., and Europe.

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