KippsDeSanto & Co. advises Combined Systems Inc., a portfolio company of Point Lookout Capital Partners, L.P., on its sale of certain assets to Day & Zimmermann

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KippsDeSanto & Co. advises Combined Systems Inc., a portfolio company of Point Lookout Capital Partners, L.P., on its sale of certain assets to Day & Zimmermann

KippsDeSanto & Co. is pleased to announce the sale of certain assets of Combined Systems Inc. (“CSI” or the “Company”) to Day & Zimmermann, the century-old, family-owned provider of construction, engineering, maintenance, staffing, and defense solutions for leading corporations and governments around the world.

Founded in 1981 and headquartered in Jamestown, PA, CSI is an established leader in the engineering, manufacturing, and marketing of pyrotechnic-initiated devices, precision military components, non-lethal and tactical munitions for the global defense and law enforcement communities. CSI’s customers include the U.S. Army, U.S. Marine Corps, U.S. Navy, local U.S. law enforcement agencies, and foreign military and security forces around the world.

We believe this transaction demonstrates several key trends in the M&A market:

• Continued use of divestitures for portfolio reshaping and realignment of long-term strategic plans
• Significant value attributed to acquiring operational synergies and tenured customer relationships
• Mission critical programs aligned with Department of Defense budgetary trends remain coveted

About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on over 200 industry transactions since 2008, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC Insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.