Industry Week in Review – December 10, 2021
KippsDeSanto & Co. Industry Week in Review – December 10, 2021
Industry Week in Review – December 10, 2021
M&A Transactions
DroneUp, LLC has acquired AirMap, Inc., a provider of UAS Traffic Management (“UTM”) and U-space solutions used to manage drone operations for civilian governments, defense, security, and enterprise sectors. Terms of the transaction were not disclosed.
JFL Equity Investors V, L.P., a fund managed by J.F. Lehman & Company, has acquired the Narda-MITEQ Division of Narda Safety Test Solutions, a subsidiary of L3Harris Technologies, Inc. (NYSE: LHX) and provider of specialized Radio Frequency (“RF”) microwave products and solid-state satellite communication (“SATCOM”) components. Terms of the transaction were not disclosed.
Safran S.A. (Paris: SAF.PA) has acquired Orolia Holdings SAS, a portfolio company of Eurazeo SE and provider of high-precision electronics equipment that generates high-precision time & frequency signals that critical operations use to detect, trace, control, analyze or synchronize time and location-critical events. Terms of the transaction were not disclosed.
Systems Planning and Analysis, Inc., a portfolio company of Arlington Capital Partners has acquired Arena Technologies, LLC, a provider of systems engineering and trusted advisory services to the space and national intelligence community and related customers. Terms of the transaction were not disclosed.
Trescal SAS, a portfolio company of OMERS Private Equity, has acquired Aviatronik, S.P.A, a provider of advanced computer hardware structures and components including design, manufacturing, engineering, logistics, calibration management, instrument repair, and training for the aerospace and defense industries. Terms of the transaction were not disclosed.
Trescal SAS, a portfolio company of OMERS Private Equity, has acquired Cleanroom Management International, a provider of cleanroom qualification, calibration, and the rental/sale of metrology instruments. Terms of the transaction were not disclosed.
