Industry Week in Review – May 6, 2022
KippsDeSanto & Co. Industry Week in Review – May 6, 2022
Industry Week in Review – May 6, 2022
M&A Transactions
Avantus Federal, LLC, a portfolio company of NewSpring Capital, has acquired Far Ridgeline Engagements, Inc., a provider of operational, training and technical solutions in support of national security missions. Terms of the transaction were not disclosed.
Bristow Group, Inc has acquired British International Helicopter Services Limited, a provider of safe, agile and skilled helicopter services to both military and commercial clients. Terms of the transaction were not disclosed.
Cadre Holdings, Inc. has acquired Cyalume Technologies, Inc., a subsidiary of CPS Performance Materials Corp., a portco of Arsenal Capital Partners and provider of transformational solutions that leverage commercial Microsoft platforms to federal, state, and local agencies alongside commercial markets. Terms of the transaction were not disclosed.
Definitive Logic Corp. has acquired Digital Mobilizations, Inc. a provider of digital engineering services to the private sector and U.S. federal government defense and intelligence markets. Terms of the transaction were not disclosed.
MHD Rockland, Inc. has acquired Northwest Propeller Service, Inc., a provider of proprietary chemical illumination solutions for military, first responder and other commercial applications. The transaction is valued at $35 million.
Two Six Technologies, LLC, a portfolio company of The Carlyle Group, has acquired Thresher Ventures, a provider and developer of software products used to detect, analyze, and predict media manipulation by foreign governments for private sector and U.S. federal government defense markets. Terms of the transaction were not disclosed.
