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Industry Week in Review – January 20, 2023

KippsDeSanto & Co. Industry Week in Review – January 20, 2023

Industry Week in Review – January 20, 2023

M&A Transactions

AIM MRO Holdings, Inc., a portfolio company of AE Industrial Partners, LP, has acquired Tribologix, Inc., a provider of engineered surface coatings solutions which reduce friction and wear in extreme environments to aerospace, defense, and energy customers.  Terms of the transaction were not disclosed.

Boathouse Capital has acquired Compendium Federal Technology, LLC (“CFT”), a provider of technology and engineering services to the public and private sectors. Terms of the transaction were not disclosed.

Epiq Solutions, a portfolio company of Veritas Capital Fund Management, LLC, has acquired Xiphos Systems Corp., a provider of high-performance, space-focused computing solutions.  Terms of the transaction were not disclosed.

Micross Components, Inc., a portfolio company of Behrman Capital, has agreed to acquire the High-Reliability DC-DC Converter Business of Infineon Technologies AG (XETRA: IFX.DE; OTCQX: IFNNY), a provider of high-reliability DC-DC converters, including hybrid and custom board based power products for space, strategic defense, aerospace, and other high-reliability customers.  Terms of the transaction were not disclosed.

NIOA Group has acquired Barrett Firearms Manufacturing, Inc., a provider of long-range, precision rifle design and manufacturing for the use of civilians, sport shooters, law enforcement agencies, the United States Military, and more than 75 U.S. Department of State approved countries around the world.  Terms of the transaction were not disclosed.

One Equity Partners has acquired a controlling interest in Mythics, Inc. and its wholly-owned subsidiary Emergent, LLC, together, “Mythics Emergent Group,” a provider of public sector focused IT services firm, with business across federal and state, local and education (“SLED”) segments. Terms of the transaction were not disclosed.

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