KippsDeSanto & Co. Industry Week in Review – July 31, 2020

Industry Week in Review – July 31, 2020

M&A Transactions

Battle Investment Group has acquired Oceus Networks, Inc., a portfolio company of Tailwind Capital, a provider of communications and data solutions for combat and emergency response situations. Terms of the transaction were not disclosed.

Calspan Holdings has acquired Aero Systems Engineering, Inc., a portfolio company of Gen Cap America, Inc., a provider of testing and engineering services to manufacturers of jet engines and industrial gas turbines. Terms of the transaction were not disclosed.

Core Industrial Partners, LLC, has acquired and merged Incodema, Inc. and Newchem, Inc., to form Incodema Holdings, LLC, a provider of micro, intricate parts in the aerospace and defense, electronics, and medical sectors. Terms of the transaction were not disclosed.

EDGE Group PJSC has agreed to acquire Lockheed Martin’s 40% stake in Advanced Military Maintenance Repair and Overhaul Center (AMMROC), a provider of military maintenance, repair, and overhaul services in the Middle East Region. As of December 31, 2019, Lockheed Martin reported the carrying value of its investment to be worth $435.0 million.

Fors Marsh Group has acquired Veterans Research Network, a subsidiary of ScoutComms, LLC, a research provider focused on developing insights for improved decision-making for the Department of Defense. Terms of the transaction were not disclosed.

Summit Interconnect, a portfolio company of HCI Equity Partners, has acquired Integrated Technology Ltd., a provider of advanced technology printed circuit boards with a focus on complex rigid and rigid-flex product. Terms of the transaction were not disclosed.

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

Industry Week in Review – July 10, 2020

M&A Transactions

Sagewind Capital, LLC has acquired QuantiTech, Inc, a provider of highly technical engineering and management support for vital mission-critical programs, primarily in service of key defense agencies responsible for maintaining technological superiority and warfighter dominance. Terms of the transaction were not disclosed. KippsDeSanto & Co. served as the financial advisor to QuantiTech, Inc.

Antenna Research Associates, Inc. has acquired AQYR Technologies, Inc., a provider of tactical, auto–acquire SATCOM terminals for the commercial and military markets. Terms of the transaction were not disclosed.

COMSovereign Holding Corp. has acquired Virtual Network Communications, Inc., a provider of fixed and mobile broadband communications solutions for public and private wireless networks operated by commercial, enterprise, government, and defense customers. The transaction was valued at $19.0 million.

DC Capital Partners, LLC, has made a strategic investment in Revenue Solutions Inc., a provider of mission critical integrated tax, labor, and compliance software and solutions to State and Local government tax authorities. RSI provides clients with information technology services and solutions to increase tax collections, improve customer service, enhance operational efficiency, and maximize compliance. Terms of the transaction were not disclosed.

Sincerus Global Solutions, Inc. has acquired SAIC’s International Development Services Portfolio, a provider of international development services contracts, including peacekeeping and law enforcement training, “rule of law” consulting, and related implementation services for the State Department and the Department of Justice. Terms of the transaction were not disclosed.

The Government of the United Kingdom and Bharti Global have agreed to acquire OneWeb, LLC, a provider of cutting-edge satellite technology in the United Kingdom and United States. The transaction was valued at $1.1 billion.

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KippsDeSanto & Co. Industry Week in Review – June 26, 2020

Industry Week in Review – June 26, 2020

M&A Transactions

AE Industrial Partners has acquired NuWave Solutions, LLC, a provider of data management, advanced analytics, artificial intelligence, machine learning and cloud solutions to the federal government. Terms of the transaction were not disclosed.

Aircraft Technical Publishers, a portfolio company of ParkerGale Capital, LP, has acquired Flightdocs Inc., a provider of aircraft maintenance tracking and inventory management solutions within business aviation. Terms of the transaction were not disclosed.

Gardner Standard, LLC has acquired Shadin Avionics, a provider of support services for fuel flow systems, engine trend monitoring, altitude management systems, air data computers and other instrumentation for turbine, piston, and rotor aircraft for the military, general and corporate aviation markets. Terms of the transaction were not disclosed.

Maxar Technologies, Ltd. has announced its intent to exercise its call option from partner Saab AB to acquire a 50% stake and take full ownership of Vricon, Inc, a provider of satellite-derived data for defense and intelligence markets, with software and products that enhance 3D mapping, Earth intelligence data, military simulation and training and precision-guided munitions. The acquisition of 50% was valued $115 million, net of cash.

NSC Technologies, LLC, a portfolio company of White Wolf Capital, LLC, has acquired Anistar Technologies, Inc., a provider of staffing services for highly skilled, hard-to-find professionals in the technology, infrastructure, and defense sectors. Terms of the transaction were not disclosed.

Redwire (Venture, which includes Adcole Space and Deep Space Systems) has acquired Made in Space, a provider of space exploration, national security, and sustainable space settlement equipment. Terms of the transaction were not disclosed.

Wind Point Partners has acquired Corbett Technology Solutions, Inc., a portfolio company of Tower Arch Capital, LLC, a provider of integrated technology solutions to corporate, government, healthcare, educational, and multi-unit living facilities. Terms of the transaction were not disclosed.

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KippsDeSanto & Co. Industry Week in Review – June 12, 2020

Industry Week in Review – June 12, 2020

M&A Transactions

Central Research, Inc. has acquired Skyline Ultd, Inc., a provider of staff augmentation and IT services for government agencies, including the Intelligence Community (“IC”), Department of Veterans Affairs, Army National Guard Bureau, and the Department of Health and Human Services. Terms of the transaction were not disclosed.

Cyemptive Technologies, Inc. has acquired Interpreting Technology, a provider of business, consumer, and IT department support via consulting and implementation of cybersecurity solutions. Terms of the transaction were not disclosed.

 E3/Sentinel, a portfolio company of NewSpring Holdings, has acquired Lucid Perspectives, LLC, a provider of software development and systems engineering solutions to the IC. Terms of the transaction were not disclosed.

 Flight Support Group, Inc., a subsidiary of HEICO Corporation, has acquired Rocky Mountain Hydrostatics, a provider of industrial pumps, motors, and other hydraulic units with a focus on the support of legacy systems for the US Navy. Terms of the transaction were not disclosed.

 Fralock, a portfolio company of Arsenal Capital Partners, has acquired Career Technologies USA, an integration provider of various materials and components for demanding applications and technologies, including flexible and rigid-flex circuits and related assemblies, for the medical device, aerospace, and other specialty markets. Terms of the transaction were not disclosed.

 Hanwha Systems Co., Ltd., a subsidiary of Hanwha Corporation, has acquired Phasor Solutions, Ltd., a subsidiary of Phasor, Inc., a provider of high throughput, modular, digital, phased array antennas. Terms of the transaction were not disclosed.

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