Industry Week in Review – January 27, 2023
KippsDeSanto & Co. Industry Week in Review – January 27, 2023
Industry Week in Review – January 27, 2023
M&A Transactions
AE Industrial Partners (“AEI”) has acquired a significant stake in REDLattice, a provider of full spectrum cyber capabilities for customers in the U.S. national security, defense, and commercial communities. Terms of the transaction were not disclosed.
Digital Management, LLC (“DMI”), a portfolio company of Oceansound Partners, has acquired Simplex Mobility, a provider of assets and expense management software. Terms of the transaction were not disclosed.
Godspeed Capital Management LP (“Godspeed Capital”) has acquired Morris & Associates, Engineers, LLC (“Morris & Associates”), a provider of design, permitting, and construction administration of fuel systems for retail, fleet, institutional and municipal facilities as well as 3D laser scanning and drone surveying to analyze sites for clients across the Department of Transportation, Department of Defense, and retail sectors. Terms of the transaction were not disclosed.
Iron Bow Technologies, a portfolio company of H.I.G. Capital, has acquired GuardSight, Inc., a provider of cybersecurity operations as a service (“SECOPS”) and managed detection and response (“MDR”) services for businesses and organizations across the U.S. Terms of the transaction were not disclosed.
Quad-C Management, Inc. has agreed to acquire QED Technologies International, Inc. (“QED”), a subsidiary of Entegris, Inc. (NASDAQ: ENTG), a provider of high performance polishing and metrology of surfaces and materials and manufacturer of highly precise optical components for the global precision optics industry including semiconductor, military, space, R&D, imaging, and other industries. Terms of the transaction were not disclosed.
Thoma Bravo has agreed to acquire Magnet Forensics, a provider of digital forensic software that can collect, analyze, and report on digital evidence which includes corporate fraud, IP theft, employee misconduct and external threats such as ransomware, business email compromise and malware attacks found during investigations in the private sector and U.S. federal government law enforcement markets. Terms of the transaction were not disclosed.
Trive Capital has acquired Kittyhawk, Inc., a provider of Hot Isostatic Pressing (“HIP”) services for a variety of industries including space, commercial aerospace, defense, and medical applications. Terms of the transaction were not disclosed.
