Industry Week in Review – June 24, 2022
KippsDeSanto & Co. Industry Week in Review – June 24, 2022
Industry Week in Review – June 24, 2022
M&A Transactions
Apollo Information Systems Corp. has acquired CyberDefenses, Inc., a provider of threat intelligence, incident response, and cybersecurity services to the U.S. federal government, state and local governments, and commercial enterprises. Terms of the transaction were not disclosed.
Arch Cutting Tools, LLC, a portfolio company of Vance Street Capital, LLC, has acquired Airforms, Inc., a provider of custom made solid round carbide tools, catering to metals and applications in the aerospace and defense industries. Terms of this transaction were not disclosed.
Leonardo DRS, Inc., a subsidiary of Leonardo S.p.A. (Milan: LDO.MI), has merged with RADA Electronic Industries Ltd., a provider of naval and maritime systems, ground combat mission command and network computing, global satellite communications and network infrastructure, aviation logistics and avionics systems, and intelligence and security solutions. Terms of this transaction were not disclosed.
Lincotek Rubbiano S.p.a. has acquired Hitemco, a provider of special coating, surface finishing processes for OEM components in private sector and U.S. federal government automotive, defense, and aerospace markets. Terms of this transaction were not disclosed.
McFarlane Aviation, Inc., a portfolio company of Vance Street Capital, LLC, has acquired Airforms, Inc., a provider of replacement engine baffles for a wide range of general aviation aircraft in private sector and U.S. federal government aviation markets. Terms of the transaction were not disclosed.
RE3DTECH, a portfolio company of Core Industrial Partners, LLC, has acquired GoProto, Inc., a provider of turnkey plastic and metal part manufacturing solutions for private sector and U.S. federal government markets. Terms of the transaction were not disclosed.
Thoma Bravo, LLC has agreed to make a strategic growth investment in Grayshift, LLC., a provider of digital forensic solutions for law enforcement, public safety agencies, and defense agencies. Terms of the transaction were not disclosed.
Vitesse Systems, a portfolio company of Trive Capital, has acquired Custom Microwave, Inc., a provider of high-performance, passive antennas engineered, manufactured, and tested for space and ground applications in private sector and U.S. federal government markets. Terms of the transaction were not disclosed.
