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Industry Week in Review – June 12, 2020

KippsDeSanto & Co. Industry Week in Review – June 12, 2020

Industry Week in Review – June 12, 2020

M&A Transactions

Central Research, Inc. has acquired Skyline Ultd, Inc., a provider of staff augmentation and IT services for government agencies, including the Intelligence Community (“IC”), Department of Veterans Affairs, Army National Guard Bureau, and the Department of Health and Human Services. Terms of the transaction were not disclosed.

Cyemptive Technologies, Inc. has acquired Interpreting Technology, a provider of business, consumer, and IT department support via consulting and implementation of cybersecurity solutions. Terms of the transaction were not disclosed.

 E3/Sentinel, a portfolio company of NewSpring Holdings, has acquired Lucid Perspectives, LLC, a provider of software development and systems engineering solutions to the IC. Terms of the transaction were not disclosed.

 Flight Support Group, Inc., a subsidiary of HEICO Corporation, has acquired Rocky Mountain Hydrostatics, a provider of industrial pumps, motors, and other hydraulic units with a focus on the support of legacy systems for the US Navy. Terms of the transaction were not disclosed.

 Fralock, a portfolio company of Arsenal Capital Partners, has acquired Career Technologies USA, an integration provider of various materials and components for demanding applications and technologies, including flexible and rigid-flex circuits and related assemblies, for the medical device, aerospace, and other specialty markets. Terms of the transaction were not disclosed.

 Hanwha Systems Co., Ltd., a subsidiary of Hanwha Corporation, has acquired Phasor Solutions, Ltd., a subsidiary of Phasor, Inc., a provider of high throughput, modular, digital, phased array antennas. Terms of the transaction were not disclosed.

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