M&A Transactions
Arcline Investment Management, L.P. has agreed to acquire Avantus Aerospace, Inc., a portfolio company of Inflexion Private Equity Partners LLP and provider of C-class components and high-performance, non-metallic seals, and gaskets for private sector and U.S. federal government markets. Terms of the transaction were not disclosed
H.I.G. Capital, LLC has acquired Premier Forge Group Holdings, Inc., a portfolio company of Wynnchurch Capital, L.P. and provider of highly complex forgings for mission-critical aerospace and defense and specialty industrial applications. Terms of the transaction were not disclosed.
Rocket Lab Corporation (Nasdaq: RKLB) has agreed to acquire Iridium Communications Inc. (Nasdaq: IRDM), a provider of global voice, data, and positioning, navigation, and timing satellite services. The transaction is valued at approximately $8 billion.
Securities and investment banking products and services are offered through KippsDeSanto & Co., a non-banking subsidiary of Capital One, N.A., a wholly owned subsidiary of Capital One Financial Corporation. KippsDeSanto is a member of FINRA and SIPC. Products or services are Not FDIC Insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured By Any Federal Governmental Agency.
