M&A Transactions
Albion River LLC has acquired Arotech Corp., a portfolio company of Greenbriar Equity Group, L.P. and provider of high-fidelity training and simulation, advanced electronics manufacturing, and portable power systems for defense, law enforcement, and select commercial end-markets. Terms of the transaction were not disclosed.
Ametek (NYSE: AME) has acquired Kern Microtechnik GmbH, a provider of high-precision machining solutions and optical tool inspection systems for aerospace, defense, space, and commercial applications. Terms of the transaction were not disclosed.
Digital Capital Partners, LLC has acquired Govplace, Inc., a provider of enterprise IT solutions for private sector and U.S. federal government civil, defense, emergency management, homeland security, and intelligence markets. Terms of the transaction were not disclosed.
Indra Sistemas S.A. (MAD: IDR) has agreed to acquire an 89.68% equity stake in Hispasat Spanish Satellite Communications Co., a subsidiary of Redeia (MAD: RED) and provider of commercial and defense satellite constellations. The transaction is valued at $756 million.
Integrated Polymer Solutions, a portfolio company of Arcline Investment Management, L.P., has acquired Spira Manufacturing Corp., a provider of Electromagnetic Interference ("EMI") and Radio-Frequency Interference ("RFI") shielding gaskets and products. Terms of the transaction were not disclosed.
PAI Partners has agreed to acquire a majority stake in ALVEST Holding, a portfolio company of Ardian Holding SAS and provider of design, manufacturing, and distribution of technical products for the aviation industry, including aviation ground support equipment, spare parts, and services. Terms of the transaction were not disclosed.
Parsons Corporation (NYSE:PSN) has acquired TRS Group, Inc., a provider of highly skilled labor and technical solutions to complex engineering challenges, specializing in remediation technology for environmental solutions. The transaction is valued at $36 million.
Peerless Technologies Corporation has acquired Statheros, LLC, a provider of engineering and management services supporting the design, development, and delivery of defense mission systems in private sector and U.S. federal government aerospace and defense markets. Terms of the transaction were not disclosed.
The Thermal Group, a portfolio company of Behrman Capital, has acquired ACT Aerospace, a provider of laminate construction, composite compression molding, resin transfer molding, and filament winding for applications in the defense, aerospace, and business jet marketplaces. Terms of the transaction were not disclosed.
Warburg Pincus, LLC and Berkshire Partners, LLC have agreed to acquire Triumph Group, Inc. (NYSE: TGI), a provider of design, production, and servicing for aircraft systems and components including actuation, fuel systems, hydraulics, geared solutions, and maintenance, repair, and overhaul ("MRO") services for original equipment manufacturers ("OEMs") and carriers. The transaction is valued at $3 billion.
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