Signia agrees to acquire aircraft cabin systems maker Heads Up
Image: Primary Signia Aerospace announced a definitive agreement to acquire Heads Up Technologies from JLL Partners on November 4. The proposed acquisition would add aircraft cabin management, electronics, lighting and passenger interfaces to the Arcline Investment Management portfolio company's systems business.
Heads Up serves business and commercial aviation manufacturers and operators. It has six facilities in the United States, United Kingdom and Germany, with capabilities spanning electronic design, software, systems engineering and production engineering. Its products serve both new aircraft and aftermarket upgrades and replacements.
The announcement disclosed no purchase price, financing structure, expected closing date or closing conditions.
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