M&A Transactions
Jet Parts Engineering, Inc., a portfolio company of Vance Street Capital LLC, has acquired Cima Aviation, Inc., a provider of maintenance, repair, and overhaul ("MRO") services for aircraft fuel accessories, avionics, and electro-mechanical units. Terms of the transaction were not disclosed.
Katalyst Space Technologies has acquired Atomos Space, a provider of orbital transfer vehicles that perform orbit-raising, precision insertion, phasing, and plane change services for satellites within commercial and defense markets. Terms of the transaction were not disclosed.
Littlejohn Capital, LLC has acquired 3P Processing, Inc., a portfolio company of Spell Capital Partners, LLC and provider of one-stop surface metal processing and finishing solutions for aluminum, titanium, and steel components used for commercial, business, and defense aviation applications. Terms of the transaction were not disclosed.
Lockheed Martin Corp. (NYSE: LMT) has agreed to acquire the Hardware and Product Business of Amentum (NYSE: AMTM), a provider of airborne and space Intelligence, Surveillance and Reconnaissance ("ISR"), advanced communications, and tactical systems. The transaction is valued at $360 million.
Mid Continent Controls, Inc., a subsidiary of Radiant Power and HEICO Corp. (NYSE: HEI), has acquired Rosen Aviation, LLC, a provider of in-flight entertainment products, principally in-cabin displays and control panels, for business and VVIP aviation markets. Terms of the transaction were not disclosed.
Thoma Bravo, LLC has agreed to acquire portions of the Digital Aviation Solutions Business of Boeing Co. (NYSE: BA), a provider of a variety of software and service solutions for commercial, business, and defense aviation markets. The transaction is valued at $10.55 billion.
Ultra Intelligence & Communications, a subsidiary of Cobham Ltd. and portfolio company of Advent International Corp., has acquired Expeditionary Engineering, Inc., a provider of modular ruggedized solutions for aerospace and defense applications requiring Size, Weight, and Power ("SWaP") constraints. Terms of the transaction were not disclosed.
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