We advised AE Industrial Partners, LP (“AEI”), a private equity firm specialising in the aerospace, defence and government services, power generation, and specialty industrial markets, in their acquisition of UAV Factory a global leader in the tactical unmanned aerial vehicle (UAV) and intelligence, surveillance and reconnaissance (ISR) technology markets. We advised AEI in relation to the Latvian aspects of the deal, acting as local counsel in Latvia and assisting Kirkland & Ellis LLP’s Chicago office.
Global leader and continued product development
UAV Factory is a global leader in tactical UAV design and manufacturing, having delivered more than 300 aircraft to defence, intelligence and commercial customers in more than 55 countries. UAV Factory has a unique vertical integration strategy, whereby it designs and produces airframes, engines, stabilised EO/IR ISR payloads and related components in-house for the unmanned and manned aircraft industry. UAV Factory is based in Riga, Latvia, with a second location in Bend, Oregon.
Our services and client team
Our team advised AEI on the aspects of the deal related to Latvian law, starting from the legal due diligence to the closing of the transaction.
AEI was advised by Sorainen Latvia country managing partner Eva Berlaus and associate Līva Aleksejeva.