Industry Week in Review – December 16, 2022
KippsDeSanto & Co. Industry Week in Review – December 16, 2022
Industry Week in Review – December 16, 2022
M&A Transactions
Advent International has agreed to acquire Maxar Technologies (NYSE:MAXR), a provider of comprehensive space solutions and secure, precise geospatial intelligence. This transaction is valued at $6.4 billion.
Forged Solutions Group, a portfolio company of Arlington Capital Partners, has acquired Continental Forge Co., a provider of precision near-net shape forged, machined solutions, and is a supplier of aerospace components to private sector and U.S. federal government aerospace and defense markets. Terms of the transaction were not disclosed.
Greenbriar Equity Group, L.P. has acquired Applied Aerospace Structures Corp., a portfolio company of Venture Associates Partners, LLC, and provider of complex composite and metal bonded structures and assemblies for both military and commercial applications. Terms of the transaction were not disclosed.
Summit Equity Group and Midwest Growth Partners have acquired Manitowoc Tool & Machining, a provider of a wide range of precision machining capabilities and related services specializing in medium- to high-volume and high cost-of-failure components for long-duration original equipment manufacturer (“OEM”) platforms. Terms of the transaction were not disclosed.
The Acacia Group has acquired Runtime Technologies, LLC (dba: Isos Technology), a provider of professional, managed, and enterprise solutions to private sector and U.S. federal government defense, healthcare, and technology markets. Terms of the transaction were not disclosed.
