Industry Week in Review – March 11, 2022
KippsDeSanto & Co. Industry Week in Review – March 11, 2022
Industry Week in Review – March 11, 2022
M&A Transactions
Blackhawk Aerospace has agreed to acquire Recoil Aerospace, LLC, a provider of lightweight carbon fiber composite solutions for helicopter platforms. Terms of transaction were not disclosed.
CGI Automated Manufacturing, Inc., a portfolio company of Core Industrial Partners, LLC, has acquired DFF Corp., a provider of lightweight carbon fiber composite solutions for helicopter platforms. Terms of the transaction were not disclosed.
DC Capital Partners has acquired uAvionix Corp., a provider of highly differentiated, small form factor communications, navigation, and surveillance avionics for unmanned and manned aircraft. Terms of the transaction were not disclosed.
Google, LLC, a subsidiary of Alphabet, Inc. (NASDAQ: GOOGL) , has agreed to acquire Mandiant, Inc., a provider of advanced threat detection and response solutions to private sector and U.S. federal government markets. The transaction is valued at $5.4 billion.
Microsoft Corp. (NASDAQ: MSFT) has acquired Nuance Communications, Inc., a provider of voice recognition and natural language understanding solutions. The transaction is valued at $19.7 billion.
Standex International Corporation (NYSE: SXI) has acquired Sensor Solutions, Inc., a provider of customized linear, latching, magnetic rotary and speciality sensor products for military and consumer electronics end markets. The transaction is valued at $9.7 million.
The Emmes Company, LLC., a portfolio company of Behrman Capital, has acquired Casimir, LLC., a provider of contract research organization solutions to private sector and U.S. federal government public health and biopharmaceutical markets. Terms of the transaction were not disclosed.
The Sterling Group, L.P. has acquired West Star Aviation Holdings, LLC., a provider of maintenance, repair, and MRO services to the business aviation industry. Terms of the transaction were not disclosed.
The Vertex Company, a portfolio company of American Industrial Partners, has agreed to merge with Vectrus Inc. (NYSE: VEC). The combined company will offer significantly expanded technology and service capabilities, delivering a comprehensive suite of integrated solutions and critical service offerings to support national security readiness and modernization initiatives around the world. The transaction values Vertex at $2.1 billion.
