Insights

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May 10 2024
Industry Week in Review – May 10, 2024

M&A Transactions

Axon Enterprise, Inc. (NasdaqGS: AXON) has agreed to acquire Dedrone Holdings, Inc., a provider of counter-drone technologies designed to secure airspace against malicious drones and protect federal government and military infrastructure, data centers, airports, and correctional facilities. Terms of the transaction were not disclosed.

NB Capital Solutions has acquired a minority stake in Fastener Distribution Holdings, LLC, a portfolio company of Audax Private Equity and provider of C-class components and aerospace fasteners for commercial, aerospace, and defense manufacturers, subcontractors, and distributors. Terms of the transaction were not disclosed.

Special Aerospace Services, LLC, a portfolio company of Godspeed Capital, has acquired Quintron Systems, Inc., a provider of communications technology solutions for aerospace, defense, and critical infrastructure markets. Terms of the transaction were not disclosed.

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. 

 

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