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Industry Week in Review – December 6, 2024

KippsDeSanto & Co. Industry Week in Review – December 6, 2024

Industry Week in Review – December 6, 2024

M&A Transactions

Acerinox S.A. (BME: ACX) has acquired Haynes International, Inc., a provider of high performance nickel- and cobalt-based alloys for use in high-temperature and corrosion applications within aerospace markets. Terms of the transaction were not disclosed.

Altus Capital Partners, LLC has acquired Air Innovations, Inc., a provider of environmental control units (“ECUs”) for unmanned vehicles, such as drones and other portable avionics. Terms of the transaction were not disclosed.

Huntington Ingalls Industries, Inc. (NYSE: HII) has agreed to acquire substantially all of the assets of W International SC, LLC, a provider of large complex metal fabrications for the private sector, U.S. federal government, aerospace, defense, and shipbuilding markets. Terms of the transaction were not disclosed.

JANUS Research Group, LLC, a portfolio company of CM Equity Partners, has acquired Atmospheric and Environmental Research (AER), a subsidiary of Verisk (NASDAQ: VRSK) and provider of state-of-the-art research, development, and analysis delivered in reports, databases, and software solutions. Terms of the transaction were not disclosed.

Kingswood Capital Management, LLC has acquired Identity Theft Guard Solutions, a provider of cybersecurity breach response solutions like end-to-end notification, remediation, and digital protection. Terms of the transaction were not disclosed.

Markon Solutions has acquired JY Systems, LLC, a provider of information technology (“IT”) and cybersecurity solutions – such as cloud computing, network architecture optimization, signals intelligence, and operation streamlining – to the private sector and U.S. federal government markets. Terms of the transaction were not disclosed.

Protective Industrial Products, Inc., a portfolio company of Odyssey Investment Partners, LLC, has agreed to acquire the Personal Protective Equipment (“PPE”) Business of Honeywell International, Inc. (NASDAQ: HON), a provider of safety products, personal protective equipment, gas masks, goggles, and work boots. The transaction is valued at $1.3 billion.

SIXGEN, Inc., a portfolio company of Washington Harbour Partners, has acquired Kyrus Tech, Inc, a provider of software and hardware reverse engineering and secure software development solutions for the private sector, U.S. federal government, aerospace, and defense markets. Terms of the transaction were not disclosed.

UIC Government Services, LLC has acquired Delta Solutions & Strategies, LLC, a provider of systems engineering, strategic planning & wargaming, and consulting solutions to the private sector and U.S. federal government defense markets. Terms of the transaction were not disclosed.

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