Kingswood closes SPI deal, rebrands business as RAVE Aerospace to push IFEC and connected seatback growth
Kingswood Capital Management has completed its acquisition of Safran Passenger Innovations (SPI) and rebranded the business as RAVE Aerospace. The private‑equity owner says it will pursue accelerated growth in in‑flight entertainment and connectivity, targeting the connected seatback market and leveraging RAVE’s nearly two‑decade heritage.