Industry Week in Review – July 10, 2020

KippsDeSanto & Co. Industry Week in Review – July 10, 2020

Industry Week in Review – July 10, 2020

M&A Transactions

Sagewind Capital, LLC has acquired QuantiTech, Inc, a provider of highly technical engineering and management support for vital mission-critical programs, primarily in service of key defense agencies responsible for maintaining technological superiority and warfighter dominance. Terms of the transaction were not disclosed. KippsDeSanto & Co. served as the financial advisor to QuantiTech, Inc.

Antenna Research Associates, Inc. has acquired AQYR Technologies, Inc., a provider of tactical, autoacquire SATCOM terminals for the commercial and military markets. Terms of the transaction were not disclosed.

COMSovereign Holding Corp. has acquired Virtual Network Communications, Inc., a provider of fixed and mobile broadband communications solutions for public and private wireless networks operated by commercial, enterprise, government, and defense customers. The transaction was valued at $19.0 million.

DC Capital Partners, LLC, has made a strategic investment in Revenue Solutions Inc., a provider of mission critical integrated tax, labor, and compliance software and solutions to State and Local government tax authorities. RSI provides clients with information technology services and solutions to increase tax collections, improve customer service, enhance operational efficiency, and maximize compliance. Terms of the transaction were not disclosed.

Sincerus Global Solutions, Inc. has acquired SAIC’s International Development Services Portfolio, a provider of international development services contracts, including peacekeeping and law enforcement training, “rule of law” consulting, and related implementation services for the State Department and the Department of Justice. Terms of the transaction were not disclosed.

The Government of the United Kingdom and Bharti Global have agreed to acquire OneWeb, LLC, a provider of cutting-edge satellite technology in the United Kingdom and United States. The transaction was valued at $1.1 billion.

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