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Industry Week in Review – October 18, 2024

KippsDeSanto & Co. Industry Week in Review – October 18, 2024

Industry Week in Review – October 18, 2024

M&A Transactions

Centerbridge Partners, L.P. has agreed to acquire Precinmac, LP, a portfolio company of Pine Island Capital Partners, LLC and provider of high-tolerance precision machined components and assemblies for aerospace, defense, and other industrial markets. Terms of the transaction were not disclosed.

Core4ce, LLC has acquired Azimuth Corporation, a provider of database and modeling, research and development, and lab support services in the fields of military electronics, optics, sensors and biotech to national security customers. Terms of the transaction were not disclosed.

NewSpring Capital has acquired Xpect Solutions, Inc., a provider of cutting-edge Enterprise IT and technology-enabled security solutions to U.S. federal government agencies. Terms of the transaction were not disclosed.

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