M&A Transactions
Astrion, a portfolio company of Brightstar Capital Partners, has agreed to acquire Axient, a portfolio company of Sagewind Capital. Axient is a systems integrator advancing defense and civil missions from aerospace to cyberspace with multi-domain test and analysis, mission engineering and operations, and advanced technologies. Terms of the transaction were not disclosed. KippsDeSanto & Co. acted as financial advisor to Axient.
Groupe DCM, Inc., a portfolio company of Thrust Capital Partners, acquired Brampton Processing, a provider of various value-added metal processing services for aerospace and defense markets. Terms of the transaction were not disclosed.
Groupe DCM, Inc., a portfolio company of Thrust Capital Partners, acquired Koss Aerospace, a provider of structural aircraft components and assemblies for private sector, aerospace, and defense markets. Terms of the transaction were not disclosed.
IDEX Corp. (NYSE: IEX) has agreed to acquire Mott Corp., a provider of sintered porous material structures and flow control solutions used in fluidic applications for aerospace and other industrial markets. The transaction is valued at $1.0 billion.
Loar Group, Inc. has acquired Applied Avionics, Inc., a provider of sunlight readable, lighted pushbutton switches and indicators for avionics, naval shipboard or army ground control platforms. The transaction is valued at $385 million.
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