Industry Week in Review – November 6, 2020

KippsDeSanto & Co. Industry Week in Review – November 6, 2020

Industry Week in Review – November 6, 2020

M&A Transactions

Belcan, LLC, a portfolio company of AE Industrial Partners, has acquired TELESIS Corp., a provider of innovative information technology solutions for large, complex government customers with a focus on highly differentiated services that deliver mission-critical solutions to its customers.  Terms of the transaction were not disclosed.

OpenGate Capital Management, LLC has acquired Aurotech, Inc., a provider of digital services and business solutions for US federal healthcare and adjacent civilian agencies for which it designs and implements information technology plans and builds technology powered business tools.  Terms of the transaction were not disclosed.

Sabena Technics has acquired AeroTech Pro, a provider of airframe maintenance in the military field.  Terms of the transaction were not disclosed.

TE Connectivity has acquired DRI Relays, Inc., a subsidiary of FIRST SwitchTECH, a provider of electro-mechanically hermetically sealed relays, time delay devices, and sockets for applications that require high reliability and long life in harsh environments.  Terms of the transaction were not disclosed.

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