Configure’s advisory was instrumental in executing the financing for this complex transaction. They continue to deliver tailored capital solutions that position our portfolio companies for growth.
Configure Partners Advises Kingswood Capital Management on its Acquisition Financing for RAVE Aerospace, Formerly Safran Passenger Innovations
Configure Partners, an investment banking platform specializing in debt placement and credit advisory services, announced today its role as exclusive financing advisor to Kingswood Capital Management, LP, in securing committed capital to support Kingswood’s acquisition of Safran Passenger Innovations (“SPI”), a leading global provider of in-flight entertainment and connectivity for airlines and airplane manufacturers around the world.
Kingswood’s acquisition of SPI is driven by a shared vision of positioning the company to deliver transformative, next-generation solutions that redefine industry standards while ensuring seamless business continuity and operational stability. It is the firm’s second aerospace and defense investment and its latest cross-border carve-out acquisition.
As part of the transaction, SPI has been renamed as RAVE Aerospace, which will continue to build on the established RAVE brand that has powered in-flight entertainment and connectivity solutions for its customers for almost 20 years. Headquartered in Brea, California, RAVE Aerospace continues to develop and deliver its award-winning RAVE in-flight entertainment and connectivity platform, recognized for its intuitive design, reliability, and innovative approach. The seamless platform minimizes costs for its customers, supporting the passenger experiences travelers have come to expect while offering marketing channels and revenue opportunities that airlines are only beginning to realize.
Configure supported all aspects of the financing process, including lender screening, approach to market, transaction structuring, and advising on financing-related documentation. Configure is proud to have supported Kingswood through multiple platform acquisitions over the past five years.
“Configure’s advisory was instrumental in executing the financing for this complex transaction,” said Kingswood Managing Director Clayton Lechleiter. “They continue to deliver tailored capital solutions that position our portfolio companies for growth.”
Configure Director Kyle Stinchcomb commented, “We are thrilled to have completed another successful transaction with Kingswood. The firm has a proven track record of success when it comes to carveouts, and we expect no different for their investment in RAVE Aerospace.”
“We are thrilled to have completed another successful transaction with Kingswood. The firm has a proven track record of success when it comes to carveouts, and we expect no different for their investment in RAVE Aerospace.”
About RAVE Aerospace (www.safran-group.com/companies/safran-passenger-innovations.com)
RAVE Aerospace is the creator of RAVE and offers innovative in-flight entertainment and connectivity solutions using the latest in consumer and avionics technology to provide an open and connected ecosystem. The company’s best-in-class hardware, software, and services enable airlines to elevate the flying experience for passengers.
About Kingswood Capital Management, LP (www.kingswood-capital.com)
Kingswood Capital Management, LP partners with leading companies in the middle-market which stand to benefit from its capital and extensive operating resources. Kingswood embraces complexity and believes it is well-positioned to support businesses at inflection points in their development to enhance value. Based in Los Angeles, Kingswood is a cohesive, entrepreneurial team with a long history of shared success developing “win-win” partnerships with its portfolio companies and management teams.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented investment bank headquartered in Atlanta. The firm specializes in debt placement, special situations, and M&A advisory, providing superior client service and execution to private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. The firm’s special situations practice is the trusted advisor for stakeholders confronting capital structure challenges.
Deal Team
