Industry Week in Review – October 14, 2022
KippsDeSanto & Co. Industry Week in Review – October 14, 2022
Industry Week in Review – October 14, 2022
M&A Transactions
Boecore, Inc., a portfolio company of Enlightenment Capital, has acquired Ascension Engineering Group, LLC, a provider of Wideband and Protected SATCOM, systems engineering, integration & test, DevSecOps, and space system mission operations for private sector and U.S. federal government aerospace and defense markets. Terms of this transaction were not disclosed.
Prince & Izant, LLC, a portfolio company of Industrial Growth Partners, has acquired Peltier Mfg., Inc., a provider of specialized preforms and complex metal microstamping for high-precision industrial application for the aerospace and defense, space, medical, electronics, HVACR, and other industrial markets. Terms of this transaction were not disclosed.
Sierra Nevada Corp. has acquired the portfolio assets & intellectual property of Voly Defense Solutions, LLC, a provider of unmanned aerial vehicles (“UAVs”) designed for aerial logistics and Intelligence, Surveillance, and Reconnaissance (“ISR”) applications. Terms of this transaction were not disclosed.
SilverEdge Government Solutions, a portfolio company of Godspeed Capital Management LP, has acquired QVine Corp., a provider of DevOps engineering, SysOps administration, Solutions Architecture, and bespoke SaaS solutions to private sector and U.S. federal government intelligence markets. Terms of this transaction were not disclosed.
Unical Aviation, Inc., a portfolio company of Platinum Equity Holdings, has acquired the Component Repair Business of CaVU Aerospace, Inc., a provider of aircraft component repair and 24/7 Aircraft on Ground support services. Terms of this transaction were not disclosed.
ZeroAvia, Inc. has acquired Hypoint, Inc., a provider of next generation hydrogen fuel cell systems with zero CO2 emissions energy performance for the air transportation and urban air mobility markets. Terms of this transaction were not disclosed.
