Industry Week in Review – June 26, 2020
KippsDeSanto & Co. Industry Week in Review – June 26, 2020
Industry Week in Review – June 26, 2020
M&A Transactions
AE Industrial Partners has acquired NuWave Solutions, LLC, a provider of data management, advanced analytics, artificial intelligence, machine learning and cloud solutions to the federal government. Terms of the transaction were not disclosed.
Aircraft Technical Publishers, a portfolio company of ParkerGale Capital, LP, has acquired Flightdocs Inc., a provider of aircraft maintenance tracking and inventory management solutions within business aviation. Terms of the transaction were not disclosed.
Gardner Standard, LLC has acquired Shadin Avionics, a provider of support services for fuel flow systems, engine trend monitoring, altitude management systems, air data computers and other instrumentation for turbine, piston, and rotor aircraft for the military, general and corporate aviation markets. Terms of the transaction were not disclosed.
Maxar Technologies, Ltd. has announced its intent to exercise its call option from partner Saab AB to acquire a 50% stake and take full ownership of Vricon, Inc, a provider of satellite-derived data for defense and intelligence markets, with software and products that enhance 3D mapping, Earth intelligence data, military simulation and training and precision-guided munitions. The acquisition of 50% was valued $115 million, net of cash.
NSC Technologies, LLC, a portfolio company of White Wolf Capital, LLC, has acquired Anistar Technologies, Inc., a provider of staffing services for highly skilled, hard-to-find professionals in the technology, infrastructure, and defense sectors. Terms of the transaction were not disclosed.
Redwire (Venture, which includes Adcole Space and Deep Space Systems) has acquired Made in Space, a provider of space exploration, national security, and sustainable space settlement equipment. Terms of the transaction were not disclosed.
Wind Point Partners has acquired Corbett Technology Solutions, Inc., a portfolio company of Tower Arch Capital, LLC, a provider of integrated technology solutions to corporate, government, healthcare, educational, and multi-unit living facilities. Terms of the transaction were not disclosed.
