M&A Transactions
Advanced Manufacturing Company of America, Inc. has acquired Aerospace Control Products, Inc., a provider of flight-critical pressure and liquid-level switches within commercial aerospace and defense markets. Terms of the transaction were not disclosed.
Kingswood Capital Management, L.P. has agreed to acquire the Passenger Innovations Business of Safran S.A. (ENXTPA: SAF), a provider of integrated inflight entertainment solutions, encompassing hardware, software, certification, system integration, training, documentation, and operational approval for air transport, fleet operators, and corporate aviation customers within commercial aerospace markets. Terms of the transaction were not disclosed.
ManTech International Corp., a portfolio company of The Carlyle Group (NASDAQ: CG), has acquired Elder Research, Inc., a provider of AI and data science solutions, applications and training for private sector and U.S. Federal government markets. Terms of the transaction were not disclosed.
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