Industry Week in Review – December 2, 2022
KippsDeSanto & Co. Industry Week in Review – December 2, 2022
Industry Week in Review – December 2, 2022
M&A Transactions
Albers Aerospace has acquired Garrett Container Systems, Inc., a provider of aluminum storage, shipping containers, and tactical kits for private sector and U.S. federal government defense markets. Terms of the transaction were not disclosed.
Clayton, Dubilier, & Rice and Greenbriar Equity Group have agreed to merge Whitcraft Group, a portfolio company of Greenbriar Equity Group, and Paradigm Precision, a portfolio company of The Carlyle Group (NASDAQ: CG) and provider of complex machining, fabrications, and assemblies for engine manufacturers. Terms of the transaction were not disclosed.
Czechoslovak Group a.s. (“CSG”) has acquired a 70% majority equity ownership stake in Fiocchi Munizioni S.p.A., a provider of small caliber ammunition and products for private sector and international government special law enforcement and hunting markets. Terms of the transaction were not disclosed.
Enlightenment Capital has made a strategic investment in iNovex Information Systems, a provider of IT consulting, engineering, development, and integration services designed to defend against cyber threats in the private sector and U.S. federal government defense markets. Terms of the transaction were not disclosed. KippsDeSanto & Co. acted as financial advisor to iNovex.
Highlander Partners L.P. has acquired Liteye Systems, Inc., a provider of multi-domain and multi-mission defense systems for private sector and U.S. federal government defense markets. Terms of the transaction were not disclosed.
Katek SE (“KTEK.F”) has agreed to acquire Nextek, Inc., a provider of full-service electronics manufacturing services to private sector and U.S. federal government aerospace, defense, and medical markets. Terms of the transaction were not disclosed.
LMI has acquired Synaptech, a provider of cutting-edge digital engineering, modeling, and simulation software for U.S. federal government defense and space markets. Terms of the transaction were not disclosed. KippsDeSanto & Co. acted as financial advisor to Synaptech.
Plansee SE has acquired Mi-Tech Metals, Inc., a provider of precision tungsten alloys and tungsten composites for private sector and U.S. federal government aerospace, defense, industrial, and medical markets. Terms of the transaction were not disclosed.
Trive Capital Holdings, LLC, has acquired Forward Slope, Inc., a provider of tactical visualization systems, geospatial mapping tools, data science, cyber security, and turnkey global surveillance solutions to private sector and U.S. federal government defense markets. Terms of the transaction were not disclosed.
