Aerospace & Defense Deals: Capital Markets Post-Close Done Right
When the deal is aerospace and defense and the question is Capital Markets Post-Close, the structure decisions in the first 30 days outlast the next five years. This is where Jason Powell works.
Aerospace & Defense deals in the lower middle market run a specific playbook. Capital Markets Post-Close is where the structure either holds or starts to leak.
The typical aerospace and defense platform sits at $15M to $200M EV with EBITDA in the $3M to $30M range. The thesis runs on tier-two or tier-three supplier consolidation with certifications as moat. Foreign LP capital can trigger CFIUS review on the cleanest of deals. Map the cap table early.
How Capital Markets Post-Close actually gets structured.
Refinance senior debt at the 12 to 18 month mark when EBITDA growth supports it.
Plan a dividend recap or partial liquidity event at the right margin and leverage profile.
Source growth equity from capital partners with deeper checks than the original LP base.
Build a relationship with strategic acquirers years before the exit window opens.
In aerospace and defense, layer in ITAR / EAR registration transferred or refiled before close as part of the Capital Markets Post-Close workstream.
Waiting until the exit to think about capital markets. The relationships should be working months before you need them.
"The right introduction in month nine can be worth more than the original equity round. The call list is short and known."Jason Powell · Capital Markets Post-Close
The deal is one thing. The capital that opens up after close is another.
The capital that opens up post-close, from refinancing to growth equity to strategic exit, runs through a small set of Wall Street relationships. That network is built in.
Related deal pages.
Transaction Fee Structuring for Aerospace & Defense
The fee paid at closing to the independent sponsor for sourcing, structuring, and closing the platform deal a…
Working Capital Adjustments for Aerospace & Defense
The closing-date true-up that protects the buyer from receiving a business stripped of normal-course working …
Representation & Warranty Insurance for Aerospace & Defense
A buyer-side insurance product covering breach of seller representations, reducing seller escrow and indemnit…
Indemnification for Aerospace & Defense
The seller's contractual promise to compensate the buyer for breaches of representations, covenants, and spec…
Capital Markets Post-Close for Healthcare Services
roll-up of physician practices and ancillary service lines
Capital Markets Post-Close for Home Services
regional roll-ups of HVAC, plumbing, and electrical operators
Bring the aerospace and defense deal. Get Capital Markets Post-Close done right.
Direct counsel from a securities and M&A attorney with billions in structured transactions, the independent-sponsor-native playbook, and the capital markets network that opens up post-close.