M&A Transactions
Apex Space and Defense Systems, a portfolio company of Charger Investment Partners, has acquired Unitech Composites, Inc., a portfolio company of Acorn Growth Companies, Caltius Structured Capital, and The Edgewater Funds and provider of advanced structural and non-structural composite laminates and assemblies with core capabilities in hand lay-up and filament winding yielding airframe structures and specialty components including gap seals, connectors, ducting, winglets, and niche armament structures primarily for defense applications across major fixed and rotary wing aircraft. Terms of the transaction were not disclosed. KippsDeSanto & Co. acted as financial advisor to Unitech Composites.
Bain Capital, LLC has agreed to acquire Guidehouse Holding Corp., a portfolio company of Veritas Capital and provider of strategic advisory services, with areas of expertise including financial management, program management, operations improvement and security, and data management. The transaction is valued at $5.3 billion.
BigBear.ai, Inc. has agreed to acquire Pangiam Holdings, LLC, a portfolio company of AE Industrial Partners and provider of facial recognition technology, cloud-based applications, and data-driven digital identity solutions for private sector and U.S. Federal Government defense and homeland security markets. Terms of the transaction were not disclosed.
Falfurrias Capital Partners has acquired Synergy ECP, a provider of software engineering, cybersecurity, and systems engineering services for the U.S. Intelligence Community and Department of Defense. Terms of the transaction were not disclosed.
IntelliBridge LLC, a portfolio company of Enlightenment Capital, has acquired RevaComm, Inc., a provider of digital transformation and DevSecOps solutions to private sector and U.S. Federal Government defense and intelligence markets. Terms of the transaction were not disclosed.
May River Capital has invested in Boston Centerless, a provider of high-quality, precision ground metal bar materials and preparation services for aerospace, defense, select commercial, and other mission-critical end-market applications. Terms of the transaction were not disclosed.
Moog, Inc. (NYSE: MOG.A) has acquired Data Collection Ltd., a provider of road management and surveying tools, particularly the Road Measurement Data Acquisition System, a low cost modular system designed to collect asset and pavement information using locally sourced vehicles for U.S. federal government aerospace and defense, private sector, and international government markets globally. Terms of the transaction were not disclosed.
Nexa3D has agreed to acquire Essentium, a provider of high-speed extrusion printers and materials that are widely adopted by over 1,200 customers worldwide for high requirement precision applications in aerospace, military, and defense markets. Terms of the transaction were not disclosed.
Raptor Scientific, a portfolio company of L Squared Capital Partners, has acquired MEDTHERM Corporation, a provider of head flux sensors, infrared radiometers, and thermocouples with accuracy, reliability, and ability to withstand the most demanding environments for mission-critical applications in the aerospace, defense, space, and industrial markets. Terms of the transaction were not disclosed.
Signia Aerospace, a portfolio company of Arcline Investment Management, has acquired Meeker Aviation and Airfilm Camera Systems, a provider of aircraft external payload mounts for electro-optical and infrared sensors, light detection and ranging laser scanners, searchlights, camera systems, and speaker systems in addition to select door hinge and pin kits on an installed base of more than 10,000 units in service used by various military, law enforcement, utility, and production markets. Terms of the transaction were not disclosed.
TransDigm Group, Inc. (NYSE: TDG) has agreed to acquire the Electron Device Business of Communications & Power Industries, a portfolio company of The Jordan Company and provider of highly engineered, proprietary electronic components and subsystems with significant aftermarket content (~70% of revenues) and nearly all revenue generated from proprietary products. The transaction is valued at $1.39 billion.
Tube Bending Technology, a portfolio company of Washington Equity Partners, has acquired Creative Pathways, Inc., a provider of complex tubular systems with expertise in AS9100 and NADCAP-certified welding and non-destructive testing, tube bending, orbital tube welding, TIG welding, precision machining, and precision testing for aerospace, defense, and related industrial applications. Terms of the transaction were not disclosed.
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