M&A Transactions
Centerbridge Partners, L.P. has agreed to acquire Precinmac, LP, a portfolio company of Pine Island Capital Partners, LLC and provider of high-tolerance precision machined components and assemblies for aerospace, defense, and other industrial markets. Terms of the transaction were not disclosed.
Core4ce, LLC has acquired Azimuth Corporation, a provider of database and modeling, research and development, and lab support services in the fields of military electronics, optics, sensors and biotech to national security customers. Terms of the transaction were not disclosed.
NewSpring Capital has acquired Xpect Solutions, Inc., a provider of cutting-edge Enterprise IT and technology-enabled security solutions to U.S. federal government agencies. Terms of the transaction were not disclosed.
Securities and investment banking products and services are offered through KippsDeSanto & Co., a nonbanking 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.
