HEADS UP TECHNOLOGIES ACQUIRES STG AEROSPACE
Updated: Aug 16, 2022
Carrollton, TX, August 11, 2022 – Heads Up Technologies, a leading manufacturer of lighting systems, cabin management systems, and flight deck safety products, announced it has acquired STG Aerospace, a leading manufacturer of proprietary aircraft cabin lighting products based in Cwmbran, UK and Miami, FL.
Established in the UK in 1995 with the vision of making flying safer and more cost-effective, STG Aerospace designed the first photoluminescent emergency guidance systems for aircrafts, and in 2011 pioneered the LED mood lighting system, liTeMood®. Today the company is well known in the commercial aviation market for its high-performing photoluminescent floor path marketing system, Saf-T-Glo®..
“We are thrilled to welcome the STG Aerospace team to Heads Up Technologies to leverage our collective lighting solutions to meet critical OEM and operator needs across the entire aviation market,” shared Robert Harshaw, President and CEO, Heads Up Technologies. “STG Aerospace’s concept-to-certification capability and extensive intellectual property are excellent complements to Heads Up Technologies’ portfolio of lighting innovations.”
“Designing high-quality emergency & cabin lighting components and systems that utilize our deep expertise and proprietary technology to create innovative solutions is our goal. Combining the expertise and products of both Heads Up Technologies and STG Aerospace makes an exciting solution set,” said Grant Bennett, CEO, STG Aerospace.
This is the first acquisition by Heads Up Technologies since partnering with JLL Partners in 2019. Texas-based Heads Up designs, engineers and manufactures complex, proprietary cockpit, cabin and aircraft electrical components and systems to the business and commercial aviation markets. Heads Up has established itself as a trusted partner in the business aviation segment through longstanding relationships throughout the aviation supply chain.
About Heads Up Technologies
Heads Up Technologies is a technology partner to the innovators in aviation. We team with our clients to achieve the vision of a better experience for both pilots and passengers. Our culture of ingenuity and a desire to say yes, is backed by our decades of know-how and breakthrough achievements in interior and exterior lighting systems, cabin management systems, in-flight entertainment, and flight deck safety. To learn more visit https://www.heads-up.com.
About JLL Partners
JLL Partners is a middle market private equity firm with over three decades of experience transforming businesses in the healthcare, specialty industrials, and business services sectors. The firm is dedicated to partnering with companies that it can help build into market leaders through a combination of strategic mergers and acquisitions, organic growth initiatives, and operational enhancements. The JLL Partners team is comprised of seasoned investment professionals and operating partners who are focused on driving long-term value creation across its portfolio. Since its founding in 1988, JLL Partners has committed over $5.8 billion of equity capital across eight private equity funds, with over 55 platform investments and more than 210 add-on acquisitions.