London | Friday 18 July 2025
Sullivan Street Partners Agrees to Acquire Senior plc’s Aerostructures Business
Sullivan Street Partners, a UK-based private equity investor specialising in mid-market control buyouts, has reached a binding agreement to acquire the Aerostructures business of Senior plc in its largest deal to date for a total enterprise value of up to £200m.
The acquisition comes at a pivotal time for the global aerospace industry, which has record commercial aircraft backlogs due to the sector’s long-term growth. Senior’s Aerostructures business is a premier player in delivering precision-machined airframe and aero engine components and complex assemblies for commercial aerospace, defence and space applications. It has a long track record of excellent customer service and operational delivery across the US, UK and Asia.
With Sullivan Street’s investment, the business will continue to expand its capabilities and scale, with a focus on manufacturing excellence, supply chain reliability and growth alongside its original equipment manufacturing and tier 1 partners. The long-term vision is to build a market-leading supplier that is a valuable and dependable partner to its customers. Leveraging its extensive carve-out and operational expertise, Sullivan Street is working closely with Senior to complete all regulatory approvals and enable a smooth separation of its Aerostructures business. Plans to rebrand the business are underway and will follow in due course.
Steen Associates is advising Sullivan Street on the acquisition of Senior Aerostructures Division for a consideration of up to $268m.
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Notes to Editors:
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About Steen Associates
Steen Associates Ltd., founded in 2005 and present in Germany since 2011, acts as trusted adviser for public and private companies operating in the general industries and the aerospace & defence sector. With offices in London and Frankfurt, Steen Associate’s European Advisory’s business designs and executes strategic M&A and financing solutions. It combines the breadth of its advisory offering with industry specific insights to achieve a unique understanding and perspective into markets and participants globally.
For more details about Steen Associates please visit www.steenassociates.com.
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Steen Associates London Office
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22 Clerkenwell Green
London EC1R 0NA
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Steen Associates Frankfurt Office
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Contact Details
Joerg Freimund
Partner
Steen Associates
Frankfurt
T: +49 69 770 1992 00
E: joerg@steenassociates.com
Jason Steen
Partner
Steen Associates
London
T: +44 20 7405 5040
E: jason@steenassociates.com
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