Kingswood Capital to acquire Safran Passenger Innovations (RAVE IFE)
Kingswood Capital Management has entered a definitive agreement to acquire Safran Passenger Innovations (SPI), the Brea, California–based provider of RAVE in‑flight entertainment and connectivity systems, from Safran. The transaction, part of Safran’s divestment of non‑core assets, is expected to close early next year subject to regulatory approval.