Meridian Capital

Seattle Investment Bank

Aerospace, Defense & Space, Diversified Industrials, Family Business

BDI Blast Deflectors Has Been Acquired by Hanover Partners, Inc., Greyrock Capital Group, Northstar Capital

Mar-18

Home > Transactions > BDI Blast Deflectors Has Been Acquired by Hanover Partners, Inc., Greyrock Capital Group, Northstar Capital

Transaction Description

BDI was founded in 1957 by the pioneering engineer, Stanley Lynn.  BDI products improve safety, maximize space and minimize aircraft run-up noise for airports and military facilities worldwide. Over its 60-year history, BDI has set the standard in industry innovation, developing a broad intellectual property portfolio through continuous investments in research and development.  The Company has delivered noise reduction and safety solutions to airports across six continents.  The sale will provide the Company with additional resources to accelerate international growth opportunities.  As part of the transaction, the current management team will remain in their existing roles.

For more information about this transaction, please contact us.

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*Note: Includes transactions completed by Meridian bankers while at previous firms