M&A Transactions
Gilat Satellite Networks Ltd. (NasdaqGS: GILT) has agreed to acquire Stellar Blu Solutions LLC, a provider software and satellite network solutions incorporating electronically steered array technology to connect Ku-band satellites in low Earth orbit for commercial and military markets. The transaction is valued at $245.0 million.
Honeywell International, Inc. (NasdaqGS: HON) has agreed to acquire Cobham Advanced Electronic Solutions Inc., a subsidiary of Cobham Ltd., a portfolio company of Advent International Corp. and a provider of mission-critical advanced electronics specializing in antennas, missile flight instrumentation, precision positioning systems, and radio frequency assemblies and subsystems for aerospace and defense markets. The transaction is valued at $1.9 billion.
Synergy ECP, LLC, a portfolio company of Falfurrias Capital Partners, has acquired Spyros Information & Technology Consulting, LLC, a provider of computer network operations such as critical infrastructure resiliency, next generation 5G technology, signals intelligence, and special programs support to the private sector and U.S. federal government and defense markets. Terms of the transaction were not disclosed.
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