Industry Week in Review – May 15, 2020

KippsDeSanto & Co. Industry Week in Review – May 15, 2020

Industry Week in Review – May 15, 2020

M&A Transactions

Altair Engineering, Inc. has acquired the WRAP software business of WRAP International AB, a provider of software technology for spectrum management and radio network planning for civil and defense organizations. Terms of the transaction were not disclosed.

KeyLogic Systems, LLC, a subsidiary of IIA Technologies Corp., has acquired OnLocation, Inc., a provider of energy consulting services, including insights into trade-offs of energy and environment policy designs, analyzing the impact of proposed policies, designing scenarios to explore alternative energy, and analyzing quantitative data for informed decision making. Terms of the transaction were not disclosed.

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Industry Week in Review – May 8, 2020

KippsDeSanto & Co. Industry Week in Review – May 8, 2020

Industry Week in Review – May 8, 2020

M&A Transactions

AE Industrial Partners, LLC has acquired ThayerMahan, Inc. for $10M, a provider of autonomous marine solutions, including deployment, operations, data gathering and analysis services to government and commercial clients.

AMERGINT Technologies has acquired Tethers Unlimited, Inc., a provider of in-space services, space tether technologies, and broader new space solutions for the small satellite market. Terms of the transaction were not disclosed.

American Institutes for Research has agreed to acquire IMPAQ, LLC, a provider of research and implementation in the areas of health and workforce development, as well as the education, international and human services sectors, with additional expertise in advanced analytics and the use of technology, including artificial intelligence and machine learning. Terms of the transaction were not disclosed.

Cognizant Technology Solutions Corporation has agreed to acquire Collaborative Solutions, LLC, a provider of consulting and cloud applications for finance and human resources to government, education, and private customers. Terms of the transaction were not disclosed.

Dexis Consulting Group has acquired New Century US, a provider of customized training solutions in tactics, information gathering, criminal investigation, analysis, and management of sensitive operations to law enforcement and related agencies. Terms of the transactions were not disclosed.

 Intrepid Solutions and Services, LLC has acquired Business Unit of Delta Solutions and Strategies LLC, a provider of advisory & assistance services, operations and maintenance, modeling, simulation, and training support to numerous mission critical Defense and Civilian Government customers. Terms of the transactions were not disclosed.

  New Wave Design and Verification, LLC (New Wave DV) has acquired privately held FlightWire Technology, Inc. Colorado Springs, a principal provider of 1394b AS5643 (MIL-1394) solutions in the form of embedded, test, and maintenance products / services for the defense and aerospace sectors. Terms of the transaction were not disclosed.

 Perspecta, Inc. has acquired DHPC Technologies, Inc., a developer of electronic warfare technologies, as well as engineering / technical services, and program management, serving U.S. Army customers. Terms of the transactions were not disclosed.

TAG Aerospace to merge with Unique Airmotive Services, the new company, operating under the TAG Aero brand, will provide purchase / sale / lease of APU models, as well as a broad array of other in-house APU capabilities. Terms of the transactions were not disclosed.

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Industry Week in Review – May 1, 2020

KippsDeSanto & Co. Industry Week in Review – May 1, 2020

Industry Week in Review – May 1, 2020

M&A Transactions

Intervala, LLC has acquired Princeton Technology Corporation, a provider of high-technology electronics manufacturing services, with capabilities in producing complex printed circuit board assemblies and integrated electromechanical products. Terms of the transaction were not disclosed.

Techno-Sciences, Inc. has agreed to acquire Orolia’s Global Satellite Search and Rescue (“SAR”) Business, a provider of SAR satellite ground stations, integrated emergency response center systems and coastal surveillance solutions. Terms of the transaction were not disclosed.

O2 Aero Acquisitions, LLC, has acquired Shaw Aerox, LLC, a designer and manufacturer of installed and portable oxygen systems and accessories for aviation and medical users. Terms of the transaction were not disclosed.

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Industry Week in Review – April 24, 2020

KippsDeSanto & Co. Industry Week in Review – April 24, 2020

Industry Week in Review – April 24, 2020

M&A Transactions

AMERGINT Technologies Holdings, Inc. has agreed to acquire Raytheon Technologies’ Space-Based Precision Optics Business, a provider of precision electro-optical systems for critical national security space missions. Terms of the transaction were not disclosed.

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Industry Week in Review – April 17, 2020

KippsDeSanto & Co. Industry Week in Review – April 17, 2020

Industry Week in Review – April 17, 2020

M&A Transactions

AEgis Technologies, a portfolio company of Arlington Capital Partners, has acquired EMRC Heli, a provider of Small Unmanned Aerial Systems (sUAS) to government and commercial customers including sUAS design, development, payload integration, and operational support services for fixed-wing and rotary-wing sUAS platforms. Terms of the transaction were not disclosed.

Central Research, Inc. has acquired Global Emergency Response, Inc., a provider of web and mobile based, near real‐time status tracking and situational awareness information systems for use by healthcare, emergency response and governmental organizations. Terms of the transaction were not disclosed.

 Hong Kong Aircraft Engineering Company Ltd. has acquired Jet Engine Solutions, LLC, a provider of maintenance, consulting, and records management services for aircraft engines. Terms of the transaction were not disclosed.

Pennsylvania Machine Work, a portfolio company of Wynnchurch Capital, L.P., has acquired Western Forge & Flange Co., a manufacturer of high-quality, specialty forgings and flanges. Terms of the transaction were not disclosed.

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Industry Week in Review – April 10, 2020

KippsDeSanto & Co. Industry Week in Review – April 10, 2020

Industry Week in Review – April 10, 2020

M&A Transactions

The AEgis Technologies Group, Inc., a portfolio company of Arlington Capital Partners, has acquired Excivity, Inc., a provider of mission-enabling technologies, including specialized security applications and situational awareness toolsets. Terms of the transaction were not disclosed.

 Alpine Air Express, Inc., a portfolio company of AE Industrial Partners, LLC, has acquired assets from Great Lakes Airlines, a provider of airplanes and associated engines, propellers, spare parts, and ground support equipment. Terms of the transaction were not disclosed.

 IMI Systems Ltd., a subsidiary of Elbit Systems Ltd., has agreed to acquire the remaining shares of Ashot Ashkelon Industries Ltd., a provider of technologically advanced systems and components such as transmissions and gearboxes, long and short shafts, high lift aircraft systems, and landing gear components. The transaction was valued at $6.4 million.

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Industry Week in Review – April 3, 2020

KippsDeSanto & Co. Industry Week in Review – April 3, 2020

Industry Week in Review – April 3, 2020

M&A Transactions

Bain Capital Credit, LP, Compass Partners, LLC, and Pine Island Capital Partners, LLC have acquired Precinmac Precision Machining, a portfolio company of GenNx360 Capital Partners, a provider of high-precision machined components and assemblies. Terms of the transaction were not disclosed.

 CerTech, LLC has acquired Wineman Technology, Inc., a provider of test systems and test cell applications with a focus on dynamometer and hydraulic test systems, hardware-in-the-loop (HIL) simulation, and custom test machines. Terms of the transaction were not disclosed.

DroneUp, LLC has acquired AeroVista Innovations, LLC, a provider of training, in-house drone program implementation, and FAA regulatory consultation that aid public agencies and corporations in their drone training, consulting, and sourcing projects. Terms of the transaction were not disclosed.

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Industry Week in Review – March 27, 2020

KippsDeSanto & Co. Industry Week in Review – March 27, 2020

Industry Week in Review – March 27, 2020

M&A Transactions

CGI, Inc. has agreed to acquire TeraThink Corporation, a provider of digital transformation, ERP implementation, and technology solutions with specializations in automation, agile development, enterprise application technologies, data analytics, optimization, and cloud computing. KippsDeSanto & Co. acted as the financial advisor for TeraThink. Terms of the transaction were not disclosed.

 American Holoptics, LLC has agreed to acquire EOTech, Inc., a subsidiary of L3Harris Technologies, Inc., a provider of holographic sighting systems, magnified field optics, and accessories for military, law enforcement, and commercial markets around the world. Terms of the transaction were not disclosed.

Shorepoint, Inc. has acquired Cyberyllium, LLC, a provider of data transformation services offering Elasticsearch and data analytics capabilities across government and corporate enterprises. Terms of the transaction were not disclosed.

Thomson Reuters has acquired Pondera Solutions, a portfolio company of Serent Capital, a provider of advanced analytics and cloud-computing solutions that combat fraud, waste, and abuse (“FW&A”) in government and healthcare programs. Terms of the transaction were not disclosed.

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Industry Week in Review – March 20, 2020

KippsDeSanto & Co. Industry Week in Review – March 20, 2020

Industry Week in Review – March 20, 2020

M&A Transactions

Freedom Consulting Group LLC has acquired Geodata IT, LLC, a provider of niche solutions to national security and geospatial mission requirements in the areas of advanced technology and innovative solutions development for the Department of Defense (“DoD”) and Intelligence Community (“IC”). Terms of the transaction were not disclosed.

 MAG Aerospace Corp., a portfolio company of New Mountain Capital, LLC, has agreed to acquire AASKI Technologies, Inc., a provider of technology consulting services to government and commercial clients, including communications, logistics, and lifecycle management services. Terms of the transaction were not disclosed.

Rocket Lab USA, Inc has agreed to acquire Sinclair Interplanetary, a provider of high-quality, flight-proven spacecraft hardware, including reaction wheels and star trackers that support rapid-schedule small satellite programs. Terms of the transaction were not disclosed.

Ultra Defense Corp. has acquired MAST Technology, Inc., a provider of load, assemble, and pack services for items like 40mm munitions, small caliber ammunition, M81 igniters, and numerous other niche products. Terms of the transaction were not disclosed.

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Industry Week in Review – March 13, 2020

KippsDeSanto & Co. Industry Week in Review – March 13, 2020

Industry Week in Review – March 13, 2020

M&A Transactions

Bluestone Investment Partners has acquired Continental Mapping Consultants, LLC, a provider of geospatial data analytics and mapping solutions to defense, intelligence, federal and state government agencies, and commercial customers. Terms of the transaction were not disclosed. KippsDeSanto & Co. served as financial advisor to Continental Mapping Consultants, LLC.

Accenture plc has acquired Context Information Security Ltd, a subsidiary of Babcock International Group plc, a provider of high-end cyber defense, intelligence-driven red team, vulnerability research, and incident response services. The transaction was valued at £107 million, or approximately $138.5 million.

AFV Partners, LLC has acquired RocketRoute Limited, a subsidiary of Alyssum Holdings, a provider of flight-planning, fuel, concierge, and marketplace services through a single integrated SaaS platform that serves the commercial, business, air rescue, and military aviation markets. Terms of the transaction were not disclosed.

Aurelius Group has acquired Zim Flugsitz, a provider of the design and manufacturing for commercial aircraft passenger seats. Terms of the transaction were not disclosed.

BMC Software, Inc., a portfolio company of KKR & Co., Inc., has agreed to acquire Compuware Corporation, a portfolio company of Thoma Bravo, LLC, a provider of mainframe application development, delivery, and support solutions. Terms of the transaction were not disclosed.

Capewell Aerial Systems, LLC, a portfolio company of Argosy Investment Partners, has acquired Rhine Air, Inc, a provider of compressed air and electric-driven respiratory protection and fuel tank ventilating systems. Terms of the transaction were not disclosed.

Madison Dearborn Partners, LLC and CoVant Management have acquired AEVEX Aerospace, LLC, a subsidiary of Trive Capital, a provider of full spectrum, airborne Intelligence, Surveillance, and Reconnaissance solutions for defense and intelligence agencies around the globe. Terms of the transaction were not disclosed.

Veritas Capital has agreed to acquire the U.S. State and Local Health and Human Services Business of DXC Technology, a provider of technology enabled, mission critical solutions fundamental to the administration and operations of health programs throughout the United States. The transaction is valued at $5 billion.

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