Private equity firm AE Industrial Partners has closed an $850m single-asset continuation fund for portfolio company Blue Raven, an aerospace and defence distributor specialising in mission-critical components and supply chain solutions.
The continuation vehicle, led by Lexington Partners, will provide additional capital to support Blue Raven’s expansion and technology development as demand for specialised aerospace and defence supply chain services continues to grow.
Since AE Industrial’s initial investment in 2019, Blue Raven has developed into a global distribution platform, supplying highly engineered parts, complex systems and hard-to-source components to military and commercial customers across more than 40 countries.
The investment will also support further development of Blue Raven’s proprietary SEDNA analytics platform, which provides real-time supply chain intelligence and forecasting to reduce lead times, address component obsolescence and improve operational readiness.
The transaction allows AE Industrial to extend its ownership of Blue Raven while supporting the company’s next phase of growth amid increasing complexity across global defence supply chains.
