Kingswood Capital Management rebrands SPI as RAVE Aerospace
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Background ✨
Safran reached a definitive agreement to sell Safran Passenger Innovations, which generated around USD460 million in revenue and employed approximately 740 people, to Kingswood Capital Management, with the transaction expected to close by the end of 1Q2026. Kingswood planned to use its capital and operational expertise to support the development of new connected inflight entertainment solutions at the business following completion of the deal1.