M&A Transactions
Destinus Group B.V. has acquired Perciv B.V., a provider of AI-based radar perception software for autonomous navigation and situational awareness for defense and other end markets. Terms of the transaction were not disclosed.
Elbit Systems, Ltd. (NASDAQ: ESLT) has acquired International Submarine Engineering Ltd., a provider of autonomous underwater vehicles ("AUVs"), remotely operated vehicles ("ROVs"), and computer control systems and robotics for defense and other end markets. Terms of the transaction were not disclosed.
Maximus, Inc. (NYSE: MMS) has agreed to acquire Agile Defense, Inc., a provider of digital transformation, data analytics, and cybersecurity solutions across U.S. federal government defense, homeland security, intelligence, and transportation markets. The transaction is valued at $660 million.
NexTech Solutions, LLC, a portfolio company of Clairvest Group, Inc., has acquired Halcyon Days Consulting, a provider of tactical mission networks ("TMNs") and operational software solutions for private sector and U.S. federal government defense markets. Terms of the transaction were not disclosed.
Threadlock Precision, LLC has acquired Service & Sales, Inc., a provider of precision hydraulic tube assemblies, CNC machining, welding, structural fabrication, and mechanical assembly services for aerospace and defense end markets. Terms of the transaction were not disclosed.
TTM Technologies, Inc. (NASDAQ: TTMI) has agreed to acquire Ophir Optics Business of MKS Instruments, Inc. (NASDAQ: MKSI), a provider of high-precision infrared thermal imaging and laser optics solutions for defense, security, and other end markets. The transaction is currently valued at $650 million.
Wildcat Equity Partners, LLC has agreed to acquire Fraser Shipyards, LLC, a portfolio company of Infrastructure Acquisition Partners, LLC, and a provider of maintenance, repair, and overhaul services for the Great Lakes fleet and new construction for commercial and military end markets. Terms of the transaction were not disclosed.
