About Loar Group
Loar Group is a company based in New York (United States) founded in 2011 by Dirkson Charles.. The company has 1,500 employees as of December 31, 2024. Loar Group has completed 7 acquisitions, including Applied Avionics, Beadlight and Hydra-Electric. Loar Group offers products and services including Aerospace Components and Defense Components.
- Headquarter New York, United States
- Employees 1500 as on 31 Dec, 2024
- Founders Dirkson Charles
- Stage Public
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Email
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Phone
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Website
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Social
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- Legal Name Loar Holdings Inc.
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Annual Revenue
$402.82 M26.88as on Dec 31, 2024
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Net Profit
$22.23 M0as on Dec 31, 2024
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EBITDA
$135.23 M20.78as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
1500
as on Dec 31, 2024
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Investments & Acquisitions
Applied Avionics
& 6 more
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IPO & Listings of Loar Group
Loar Group is a publicly listed company on the NYSE with ticker symbol LOAR in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Loar Group
Loar Group offers a comprehensive portfolio of products and services, including Aerospace Components and Defense Components. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Design and manufacture of aerospace components are conducted by associated companies.
Production of defense components is managed through strategic acquisitions and partnerships.
Funding Insights of Loar Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Loar Group
Loar Group has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Applied Avionics, Beadlight and Hydra-Electric. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Beadlight was founded in 1997 with domain beadlight.com established.
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1997 | ||||
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Manufacturer of AC and fans, blowers and electric motors for Aerospace and Military applications
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1992 | ||||
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Avionic products including configurators, indicators, and switches are manufactured.
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1968 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Loar Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Loar Group Comparisons
Competitors of Loar Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Loar Group
Frequently Asked Questions about Loar Group
When was Loar Group founded?
Loar Group was founded in 2011.
Where is Loar Group located?
Loar Group is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Loar Group?
Dirkson Charles is the current CEO of Loar Group. They have also founded this company.
How many employees does Loar Group have?
As of Dec 31, 2024, the latest employee count at Loar Group is 1,500.
What is the annual revenue of Loar Group?
Annual revenue of Loar Group is $402.82M as on Dec 31, 2024.
What does Loar Group do?
Manufacturer of niche aerospace and defense components. This company acquires and develops businesses specializing in the design and manufacture of aerospace and defense components. It leverages financial expertise and engineering experience to streamline operations and enhance the potential of its partner companies. The company fosters strong relationships with acquisition partners and customers through effective organizational and contractual arrangements. Its focus is on creating long-term value for customers and shareholders through engineered products and sound financial leadership.
What products or services does Loar Group offer?
Loar Group offers Aerospace Components and Defense Components.
Is Loar Group publicly traded?
Yes, Loar Group is publicly traded on NYSE under the ticker symbol LOAR.
How many acquisitions has Loar Group made?
Loar Group has made 7 acquisitions, including Applied Avionics, Beadlight, and Hydra-Electric.
What is Loar Group's ticker symbol?
The ticker symbol of Loar Group is LOAR on NYSE.