Industry Week in Review – March 31, 2023
KippsDeSanto & Co. Industry Week in Review – March 31, 2023
Industry Week in Review – March 31, 2023
M&A Transactions
Castellum, Inc. (NYSEAM:CTM) has acquired Global Technology and Management Resources, Inc. (“GTMR”), a provider of a cadre of mature and highly experienced individuals and powerful solutions to the most complex engineering and acquisition challenges with core competencies in management, technology and logistics and expertise in engineering services, logistics support, innovative interactive technologies, and operational test & evaluation (“OT&E”). The transaction is valued at $6.25 million.
CNL Strategic Capital has acquired Tactical Medical Solutions (“TacMed Solutions”), a provider of a suite of medical products including traumatic injury products, hemorrhage control tourniquets, immobilization tools, and critical care kits that equip, train, and protect professionals in pre-hospital, emergency trauma situations in the military, civilian public safety, first responders, law enforcement. Terms of the transaction were not disclosed.
Emmes has acquired Essex Management, LLC, a provider of bioinformatics and health information technology consulting services to government, private sector, and academic organizations. Terms of the transaction were not disclosed.
In-Place Machining, a portfolio company of Levine Leichtman Capital Partners, has acquired Western Machine Works, a provider of mechanical design, repair, and maintenance (inclusive of MRO) services for precision components including shafts and rolls across a diverse set of end markets including naval & marine, pulp & paper, and wind & hydroelectric power. Terms of the transaction were not disclosed.
