Industry Week in Review – September 3, 2021
KippsDeSanto & Co. Industry Week in Review – September 3, 2021
Industry Week in Review – September 3, 2021
M&A Transactions
Ansys, Inc. (NASDAQ: ANSS), has agreed to acquire Zemax, LLC, a portfolio company of EQT Partners AB, a provider of high-performance optical imaging software solutions for simulating next-generation optical and photonics products. Terms of the transaction were not disclosed.
Atos SE (ENXTPA: ATO), has completed its acquisition of cv cryptovision GmbH, a provider of cryptography and electronic identity solutions for applications in the defense, government, and private sector markets. Terms of the transaction were not disclosed.
CAE USA, a subsidiary of CAE, Inc. (NYSE: CAE), has acquired a minority stake in SkyWarrior Flight Training, Inc., a provider of aviation training for both military and civil pilots. Terms of the transaction were not disclosed.
Collins Aerospace, a subsidiary of Raytheon Technologies (NYSE: RTX), has agreed to acquire FlightAware, a provider of global flight tracking solutions, predictive technology, and analytics and decision-making tools. Terms of the transaction were not disclosed.
GovExec, a portfolio company of Growth Catalyst Partners, has acquired Public Sector 360 Group, a subsidiary of 1105 Media, Inc., a provider of information, insights, and lead generation for the government technology community. Terms of the transaction were not disclosed.
Granicus, Inc., a portfolio company of Harvest Partners LP, Vista Equity Partners, LLC, and K1 Investment Management, has acquired WebQA, Inc., a provider of cloud-based SaaS public records and compliance workflow solutions. Terms of the transaction were not disclosed.
Keystone Peer Review Organization, Inc., a portfolio company of Apax Partners, has acquired eQHealth Solutions, LLC, a provider of health management and healthcare cloud-based solutions and services. Terms of the transaction were not disclosed.
Latecoere S.A., a portfolio company of Searchlight Capital Partners, has acquired Technical Airborne Components Industries, a portfolio company of Searchlight Capital Partners, a provider of control, structural, and system rods for the aerospace industry. Terms of the transaction were not disclosed.
Palantir Technologies, Inc. (NYSE: PLTR), has agreed to make an equity investment in BlackSky Holdings, Inc., a provider of real-time geospatial intelligence. Investment is scheduled to close upon successful merger of BlackSky with Osprey Technology Acquisition Corp. (NYSE: SFTW), a special purpose acquisition company. Terms of the transaction were not disclosed.
Precinmac Precision Machining, a portfolio company of Pine Island Capital Partners, LLC, has acquired Major Tool and Machine, Inc., a provider of large format machining, fabrication, assembly services, and design for manufacturing assistance. Terms of the transaction were not disclosed.
Quarterhill, Inc. (TSX: QTRH), has completed its acquisition of Electronic Transaction Consultants, LLC, a portfolio company of Align Capital Partners, a provider of intelligent transportation systems and services for state and local agencies. The transaction is valued at $120.0 million.
Quantic Electronics, a portfolio company of Arcline Investment Management, has acquired X-Microwave, LLC, a provider of modular RF and microwave design systems for the private sector and the U.S. federal government. Terms of the transaction were not disclosed.
Redwire, LLC, a portfolio company of AE Industrial Partners, LP, has completed its busine
Spartronics, LLC, a portfolio company of One Equity Partners, LLC, has acquired Inovar, Inc., a provider of engineering, manufacturing, product assemblies and aftermarket services for OEM manufacturers in the aerospace, defense, medical, and industrial markets. Terms of the transaction were not disclosed.
