• Precise Flight designs and manufactures advanced safety and performance systems for the aviation industry with customers ranging from commercial airlines and fleet operators to business jets, rotorcraft and general aviation. The Company’s core products include aviation oxygen systems, speedbrakes, precision lighting (Pulselite System®), and custom tube fabrication for OEM and aftermarket clients
• Mesirow acted as the exclusive financial advisor on this transaction, highlighting the firm’s continued success in the aerospace & defense sector 

CHICAGO, August 18, 2025 – Mesirow, an independent, employee-owned financial services firm, today announced it acted as the exclusive financial advisor to Precise Flight, Inc. (“Precise Flight” or the “Company”) on its sale to Signia Aerospace (“Signia”), a portfolio company of Arcline Investment Management (“Arcline”).

Headquartered in Bend, Oregon, Precise Flight designs and manufactures advanced safety and performance systems for the aviation industry. Its core products include aviation oxygen systems, speedbrakes, precision lighting (Pulselite System®), and custom tube fabrication for OEM and aftermarket clients. Serving both general aviation and commercial sectors, the Company is known for its engineering quality, regulatory expertise, and commitment to enhancing flight safety.

“We appreciated the opportunity to represent Precise Flight in this important transaction. We believe Signia Aerospace is the ideal partner for Precise Flight and will help build upon the company’s position within the aerospace and defense industry,” said Adam Oakley, Senior Managing Director and Co-Head of Investment Banking at Mesirow.

Doug La Placa, Chief Executive Officer of Precise Flight, said, “Mesirow delivered invaluable guidance throughout the process, leveraging their deep expertise in the A&D sector to showcase Precise Flight’s unique strengths and premier customer relationships, ultimately helping to identify the ideal partner for the company’s next phase of growth.”

“We’re grateful for Mesirow’s partnership on this successful outcome with Signia,” said Scott Greenstone, Chief Financial Officer of Precise Flight. “Their industry insight and steady guidance were critical in navigating the complexities of the transaction.”

Andrew Carolus, Managing Director of Mesirow Investment Banking, said, “We were pleased to partner with Precise Flight on this transaction, reinforcing their disciplined approach to delivering value to their customers and shareholders and maintaining a culture of excellence.”

The sale of Precise Flight marks another successful aerospace & defense transaction completed by Mesirow Investment Banking. In recent years, the firm has completed more than 350 transactions across its verticals. With deep industry expertise, long-standing client relationships, and a commitment to delivering tailored solutions, Mesirow continues to build a proven track record of highly successful transactions.