KippsDeSanto & Co. Industry Week in Review – June 24, 2022

Industry Week in Review – June 24, 2022

M&A Transactions

Apollo Information Systems Corp. has acquired CyberDefenses, Inc., a provider of threat intelligence, incident response, and cybersecurity services to the U.S. federal government, state and local governments, and commercial enterprises. Terms of the transaction were not disclosed.

 Arch Cutting Tools, LLC, a portfolio company of Vance Street Capital, LLC, has acquired Airforms, Inc., a provider of custom made solid round carbide tools, catering to metals and applications in the aerospace and defense industries. Terms of this transaction were not disclosed.

 Leonardo DRS, Inc., a subsidiary of Leonardo S.p.A. (Milan: LDO.MI), has merged with RADA Electronic Industries Ltd., a provider of naval and maritime systems, ground combat mission command and network computing, global satellite communications and network infrastructure, aviation logistics and avionics systems, and intelligence and security solutions. Terms of this transaction were not disclosed.

 Lincotek Rubbiano S.p.a. has acquired Hitemco, a provider of special coating, surface finishing processes for OEM components in private sector and U.S. federal government automotive, defense, and aerospace markets. Terms of this transaction were not disclosed.

 McFarlane Aviation, Inc., a portfolio company of Vance Street Capital, LLC, has acquired Airforms, Inc., a provider of replacement engine baffles for a wide range of general aviation aircraft in private sector and U.S. federal government aviation markets. Terms of the transaction were not disclosed.

 RE3DTECH, a portfolio company of Core Industrial Partners, LLC, has acquired GoProto, Inc., a provider of turnkey plastic and metal part manufacturing solutions for private sector and U.S. federal government markets. Terms of the transaction were not disclosed.

 Thoma Bravo, LLC has agreed to make a strategic growth investment in Grayshift, LLC., a provider of digital forensic solutions for law enforcement, public safety agencies, and defense agencies. Terms of the transaction were not disclosed.

 Vitesse Systems, a portfolio company of Trive Capital, has acquired Custom Microwave, Inc., a provider of high-performance, passive antennas engineered, manufactured, and tested for space and ground applications in private sector and U.S. federal government markets. Terms of the transaction were not disclosed.

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KippsDeSanto & Co. Industry Week in Review – June 3, 2022

Industry Week in Review – June 3, 2022

M&A Transactions

Allied Motion Technologies, Inc. (NasdaqGS: AMOT) has acquired FPH Group, a provider of engineered products including drive motors, black box assemblies, and military vehicle components in private sector and U.S. federal government defense markets. Terms of the transaction were not disclosed.

ARCH Medical Solutions Corp., a portfolio company of The Jordan Company, L.P., has acquired M&K Engineering, Inc., a provider of critical components for private sector and U.S. federal government medical, aerospace, and defense industries. Terms of the transaction were not disclosed.

The Acacia Group has acquired the Baer Group, LLC., a provider of enterprise resource planning, cloud integration, and data transformation to the public and private sectors. Terms of the transaction were not disclosed.

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KippsDeSanto & Co. Industry Week in Review – May 20, 2022

Industry Week in Review – May 20, 2022

M&A Transactions

Consulting Solutions International, Inc. (CSI), a portfolio company of White Wolf Capital, LLC, has acquired Empyrean, a provider of consulting services to the private sector and U.S. federal government nuclear and non-nuclear power industries

 DC Capital Partners, LLC has acquired Valkyrie Enterprises, LLC, a provider of system engineering and acquisition support to several critical programs for the U.S. Navy. And provider of advanced engineering, modeling and simulation, infrastructure sustainment, warfighter readiness, and training solutions in support of U.S. Department of Defense (DoD) and allied nations’ security and diplomatic missions. Terms of this transaction were not disclosed.

 LookingGlass Cyber Solutions, Inc., a portfolio company of NewSpring Capital, has acquired Next5, a provider of business intelligence and strategic advisory firm which helps companies develop, acquire and protect technologies of the future. Terms of this transaction were not disclosed.

Micross Components, a portfolio company of Behrman Capital, has acquired PAAL Technology Holdings, a provider of a full range of MIL-STD-1553 data bus components and RF transformers for signal processing applications to the private sector and U.S. federal government aerospace and defense markets. Terms of this transaction were not disclosed.

The Carlyle Group has agreed to acquire ManTech International Corp., a provider of information technology and communications systems products and services for defense, space, intelligence, environmental, and simulation markets. Terms of this transaction were not disclosed.

Sigma Defense Systems LLC, a portfolio company of Sagewind Capital, LLC, has acquired Sub U Systems, a  manufacturer of deployable tactical edge-of-network route, switch, and computing technology for private sector and U.S. federal government aerospace and defense markets.

StandardAero, a portfolio company of The Carlyle Group, has acquired Electron Beam Development Corporation, a provider of high quality fan blade repairs and overhauls for private sector and U.S. federal government aviation markets. Terms of this transaction were not disclosed.

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KippsDeSanto & Co. Industry Week in Review – May 6, 2022

Industry Week in Review – May 6, 2022

M&A Transactions

Avantus Federal, LLC, a portfolio company of NewSpring Capital, has acquired Far Ridgeline Engagements, Inc., a provider of operational, training and technical solutions in support of national security missions. Terms of the transaction were not disclosed.

Bristow Group, Inc has acquired British International Helicopter Services Limited, a provider of safe, agile and skilled helicopter services to both military and commercial clients. Terms of the transaction were not disclosed.

Cadre Holdings, Inc. has acquired Cyalume Technologies, Inc., a subsidiary of CPS Performance Materials Corp., a portco of Arsenal Capital Partners and provider of transformational solutions that leverage commercial Microsoft platforms to federal, state, and local agencies alongside commercial markets.  Terms of the transaction were not disclosed.

Definitive Logic Corp. has acquired Digital Mobilizations, Inc. a provider of digital engineering services to the private sector and U.S. federal government defense and intelligence markets. Terms of the transaction were not disclosed.

MHD Rockland, Inc. has acquired Northwest Propeller Service, Inc., a provider of proprietary chemical illumination solutions for military, first responder and other commercial applications. The transaction is valued at $35 million.

Two Six Technologies, LLC, a portfolio company of The Carlyle Group, has acquired Thresher Ventures, a provider and developer of software products used to detect, analyze, and predict media manipulation by foreign governments for private sector and U.S. federal government defense markets. Terms of the transaction were not disclosed.

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KippsDeSanto & Co. Industry Week in Review – April 15, 2022

Industry Week in Review – April 15, 2022

M&A Transactions

Accurus Aerospace Corp., a portfolio company of Liberty Hall Capital Partners, has acquired Ferra Holdings, Ltd., a provider of light metal components for the telecommunications, electronic and high-end automotive industries. Terms of the transaction were not disclosed.

Airbus SE (Paris: AIR.PA) has agreed to acquire DSI Datensicherheit GmbH, a provider of cryptography and communication systems for space, airborne and naval & ground. Terms of the transaction were not disclosed.

Battle Investment Group has acquired Bart & Associates, Inc. (B&A), a provider of information technology systems integration solutions to private sector and federal government homeland security and defense markets. Terms of the transaction were not disclosed.

ClearShark, LLC has agreed to acquire FedBiz IT Solutions, LLC, a provider of enterprise IT and emerging technology products and services to U.S. federal government defense, financial, homeland security, and intelligence markets. Terms of the transaction were not disclosed.

ERC, Inc., a portfolio company of Brightstar Capital Partners, has agreed to acquire Oasis Systems, LLC, a portfolio company of GF Fund, and a provider of Advisory and Assistance Services (A&AS) to the Department of Defense. Terms of the transaction were not disclosed.

PCS-Mosaic Holdings, LLC has acquired four subsidiaries of ASRC Federal – OSI LLC, Agency Consulting Group LLC, Kimmich Software Solutions LLC and ExaTech Solutions LLC, providers of Information Technology solutions to the U.S. Intelligence Community. Terms of the transaction were not disclosed.

PCX Aerosystems, LLC, a portfolio company of Greenbriar Equity Group, L.P., has acquired Honematic Machine Corp., a provider of precision hollow components for honing drilling & deep hole boring technology. Terms of the transaction were not disclosed.

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