NEW YORK – February 1, 2022 – Seabury announced today that its London-based Aerospace and Defense Investment Banking team has advised Ultra Electronics Group in the sale of five safety critical product lines from its Precision Control Systems Business Unit to Ontic, an aerospace industry leading provider of Extended Life Solutions for Original Equipment Manufacturer (OEM) products.
“Congratulations to Ultra Electronics and Ontic on completing this transaction. Seabury Securities was proud to support Ultra through the process,” commented Antares Reis, Seabury Securities’ Managing Director – Global Head of Aerospace & Defense Investment Banking.
Louise Melikian, President, Strategy and Corporate Development, at Ultra Electronics Group, said: ‘‘Seabury Securities’ support throughout the process, from initial approaches to the market and articulation of value through to signing, was instrumental in achieving a successful outcome.’’
ABOUT SEABURY SECURITIES
Seabury Securities LLC is the wholly-owned investment banking arm of Seabury Capital Group LLC (“Seabury Capital”) which operates a number of specialty finance, investment banking, technology, and software companies with a core focus anchored in aviation, aerospace & defense, and financial services & technology. Since its founding in 1995, Seabury Capital has taken ownership stakes in software and asset management businesses servicing the aviation and travel industries. Seabury Capital ended the year 2019 with over $1 billion in assets and intends to leverage those resources to launch one or more specialized investment funds in aviation, travel, and technology in 2020, under a newly incorporated investment fund manager, Seabury Capital Management LLC.
Within the last few years, Seabury Capital has expanded its portfolio by investing in early stage startup companies within the financial technology industry and structured investment products. In addition, Seabury Capital owns and operates FINRA, NFA and FCA regulated investment banking services firms in the U.S. and U.K., respectively, serving external clients as well as assisting the companies in which Seabury Capital has invested.
Seabury Capital has operations in New York, Amsterdam, Beijing, Berlin, Chicago, Cordoba, Dallas, Dublin, Durban, Edison (NJ), Guernsey, Hong Kong, Houston, Jersey City, London, Los Angeles, Manila, Minneapolis, Mumbai, Nairobi, Ottawa, Seoul, Shannon, Singapore, Summit (NJ), Stamford (CT), and Tokyo. Reference Seabury Securities at www.seaburycapital.com/seabury-securities.