M&A Transactions
EnerSys, Inc. (NYSE: ENS) has agreed to acquire Ultralife Corp. (NasdaqGM: ULBI), a provider of customized and standard lithium primary, lithium-ion, and lithium polymer rechargeable batteries for private sector and U.S. federal government aerospace and defense end markets. The transaction is currently valued at $320 million.
I Squared Capital Advisors, LLC has agreed to acquire Orizon Aerostructures, LLC, a portfolio company of The Edgewater Funds, a provider of complex structural components and major sub-assemblies for private sector and U.S. federal government aerospace and defense markets. Terms of the transaction were not disclosed.
OceanSound Partners, L.P. has acquired Iris Technology Corp., a provider of radiation-hardened, space-qualified TRL 9 electronics for private sector and U.S. federal government aerospace, defense, and other end markets. Terms of the transaction were not disclosed.
Oddball, Inc., a portfolio company of Falfurrias Capital Partners, has acquired the Salesforce Technology and Services Business of Synaptic Era, Inc., a provider of Salesforce Public Sector Solutions, Agentforce AI implementation services, and digital portal workflows for U.S. federal civilian agencies, public health customers, and state and local governments. Terms of the transaction were not disclosed.
Salesforce, Inc. (NYSE: CRM) has agreed to acquire Rune Technologies, a provider of edge-native technology building solutions to enable critical logistics and sustainment operations for the U.S. military and allied nations. Terms of the transaction were not disclosed.
SITA Group has agreed to acquire the Flightscape business of CAE, Inc. (NYSE: CAE), a provider of airline operations software for commercial airlines, regional carriers, business aviation operators, and government aviation markets. The transaction is currently valued at $500 million.
Swarmer, Inc. (NASDAQ: SWMR) has agreed to acquire certain intellectual property of Vataga Drone, a provider of first-person-view (FPV) strike drones, proprietary initiation electronics, and counter-UAS interceptor systems. Terms of the transaction were not disclosed.
The Partner Companies, LLC has acquired F&B Manufacturing, LLC, a provider of complex-formed metal components and assemblies for U.S. federal government aerospace, defense, and other end markets. Terms of the transaction were not disclosed.
