Industry Week in Review – November 19, 2021
KippsDeSanto & Co. Industry Week in Review – November 19, 2021
Industry Week in Review – November 19, 2021
M&A Transactions
Advanced Mission Solutions, LLC, has acquired Innovative Management & Technology Services, LLC, a provider of IT services to the FBI and law enforcement community. Terms of the transaction were not disclosed.
Buchanan and Edwards, Inc., has acquired RenXTech, LLC, a provider of cyber, technical, and operational support to critical missions within the Federal and commercial sectors. Terms of the transaction were not disclosed.
Castellum, Inc. (OTC: ONOV), has acquired the Assets of Patuxent River Naval Air Station, a subsidiary of The Albers Group, LLC, and provider of engineering capabilities, aviation operations, certified manufacturing capabilities, and technology commercialization strategies for the U.S. federal government. Terms of the transaction were not disclosed.
Incline Merger Sub, LLC, a subsidiary of Ichor Holdings, Ltd. (NasdaqGS: ICHR), has acquired IMG Companies, LLC, a portfolio company of Addison Capital Partners and provider of process sensitive, critical and highly engineered components, tools and systems. The transaction is valued at $270.0 million.
Interconnect Solutions Company, a portfolio company of Tide Rock Holdings, has acquired Tri-Tek Electronics Inc., a provider of cable assemblies, specialized bulk cables, RF assemblies, wiring harnesses, and interconnect systems for high performance, harsh environment applications. Terms of the transaction were not disclosed.
NIC4, Inc., a subsidiary of Network Innovations, Inc., has acquired Knight Sky, LLC, a portfolio company of CCP Capital Strategies, LLC, and provider of full-service satellite networks and information technology services. Terms of the transaction were not disclosed.
Planet Labs, Inc., has agreed to acquire VanderSat B.V., a provider of advanced earth data and analytics solutions. The transaction is valued at $28.0 million.
Rocket Lab USA, Inc. (NasdaqCM: RKLB), has acquired Planetary Systems Corporation, a provider of mechanical separation systems and satellite dispensers. This transaction is valued at $68.5 million.
