Industry Week in Review – July 2, 2020

KippsDeSanto & Co. Industry Week in Review – July 2, 2020

Industry Week in Review – July 2, 2020

M&A Transactions

Architect Equity, LLC has agreed to acquire the Composites Manufacturing Business of AAR Corporation, a provider of design, fabrication, and assembly of composite aerospace products for customers in the commercial aerospace and defense industries. Terms of the transaction were not disclosed.

 One Equity Partners, LLC has agreed to acquire the Manufacturing & Design Services Business of Sparton Corporation, a portfolio company of Cerberus Capital Management, L.P., a provider of advanced engineering, design, and manufacturing of highly complex electronic and electromechanical devices, including sophisticated printed circuit card assemblies, subassemblies, full product assemblies, and cable / wire harnesses. Terms of the transaction were not disclosed.

 Patrol Protect Secure, Inc. has acquired Internal Security Associates, LLC, a provider of security services in Boston MA, primarily focused on public sector customers, including state agency offices, courthouses, and government buildings. Terms of the transaction were not disclosed.

 Pine Island Capital Partners, LLC has acquired Meggitt Training Systems, a subsidiary of Meggitt PLC, a provider of advanced technology-enabled training systems. The transaction was valued at $146 million.

 Sealing Technologies, Inc has acquired Quark Security, Inc., a provider of cybersecurity solutions in areas such as Security-Enhanced Linux and Security Enhancements for Android™. Terms of the transaction were not disclosed.

 The Carlyle Group has acquired Unison, Inc., a provider of procurement, supply chain, and contract management software to Federal government agencies and government contractors. Terms of the transaction were not disclosed.

 VariQ Corporation has acquired Rivet Logic Corporation, a provider of consulting services to build digital experiences, and the solutions to manage and optimize them. Terms of the transaction were not disclosed.

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