Galleon Embedded Computing has been acquired by Spectra
Galleon Embedded Computing AS (“Galleon”) has been acquired by Spectra, a portfolio company of Vance Street Capital. Galleon is the first strategic add-on acquisition of Spectra since forming the company in February 2021 by simultaneously merging three defense technology businesses.
Swift Textile Metalizing has been acquired by Integrated Polymer Solutions
Swift Textile Metalizing LLC (“STM” or “the Company”) has been acquired by Integrated Polymer Solutions, Inc. (“IPS”), a portfolio company of Arcline Investment Management (“Arcline”).
STM is a leading designer and manufacturer of highly engineered metalized fabrics used in electromagnetic (“EMI”) and radio frequency interference (“RFI”) shielding applications.
Pentek has been acquired by Mercury Systems
Pentek Technologies, LLC and Pentek Systems, Inc. (collectively, “Pentek”) have been acquired by Mercury Systems, Inc. (NASDAQ: MRCY), a leader in trusted, secure mission-critical technologies for aerospace and defense. Based in Upper Saddle River, N.J., Pentek is a leading designer and manufacturer of ruggedized, high-performance, commercial off-the-shelf (“COTS”) software-defined radio […]
Torotel has been acquired by TT Electronics
Torotel, Inc. (OTCMKTS: TTLO) has been acquired by TT Electronics plc through a merger with its wholly owned subsidiary, TT Group Industries, Inc.
Torotel is a specialized designer and manufacturer of precision magnetic components and systems including electro-mechanical assemblies, high-voltage transformers, dry-type transformers, toroidal coils, inductors, reactors and chokes.
Chris Jalbert Joins the PB&W Team
Philpott Ball & Werner is pleased to announce that Chris Jalbert has joined the firm as an Analyst in our Boston office.
Chris graduated Summa Cum Laude from the Isenberg School of Management at the University of Massachusetts – Amherst with a major in Finance and minor in Economics. Prior to […]
UST-Aldetec has been acquired by Arotech Corporation
UST-Aldetec Holding Company LLC, a portfolio company of Cornerstone Capital Holdings, LLC has been acquired by Arotech Corporation, a portfolio company of Greenbriar Equity Group, L.P.
UST-Aldetec is a state-of-the-art design, engineering, manufacturing and services company specializing in complex, high reliability, mission critical electronic components with sites in Fair Lawn, NJ, […]
MAST Technologies has been acquired by Integrated Polymer Solutions
MAST Technologies (“MAST”) has been acquired by Integrated Polymer Solutions (“IPS”), a portfolio company of Arcline Investment Management.
Based in San Diego, CA, MAST designs and maufactures innovative RF, microwave and EMI absorbing materials for integration into military and electronics solutions.
ASC Signal has been acquired by Kratos
Communications & Power Industries (CPI) has divested its ASC Signal Division (ASC) to Kratos Defense & Security Solutions, Inc. (Kratos). ASC designs and manufactures high-performance, highly engineered antenna systems for satellite communications (SATCOM), radar, electronic warfare (EW) and high-frequency (HF) applications.
Hydroid has been acquired by Huntington Ingalls Industries
Hydroid, Inc. (“Hydroid”) has been acquired by Huntington Ingalls Industries (“HII”) for $350 million. HII acquired Hydroid to further support its strategy of providing leading edge autonomous unmanned underwater vehicles (“UUVs”) to the U.S Government and key allies. Hydroid is a wholly owned indirect subsidiary of Kongsberg Maritime AS, a […]
Tecmotiv Corporation has been acquired by RedNest Partners and Admiral Capital Group
Tecmotiv Corporation (“Tecmotiv”) has been acquired by RedNest Partners, LLC (“RedNest”) and Admiral Capital Group (“Admiral”). RedNest and Admiral have backed Tecmotiv management to bolster its capabilities as a leading supplier of MRO services and components to U.S. military and allied customers worldwide.
Tresys Technology Holdings has been acquired by DC Capital Partners
Tresys Technology Holdings, Inc. (“Tresys”) has been acquired by DC Capital Partners (“DC Capital”). The addition of Tresys along with Owl Cyber Defense, a portfolio company of DC Capital, will provide a leading suite of cyber security solutions and technologies to critical infrastructure and government clients.
PB&W Expands its Merger & Acquisition Team
Philpott Ball & Werner is pleased to announce that Jacob Nester has joined the firm as an Analyst in our Charlotte office.
Jake recently graduated summa cum laude from North Carolina State University with a Bachelor of Science degree in Aerospace Engineering and a minor in Business Administration. Jake has a […]
Silvus Technologies has been acquired by The Jordan Company
Silvus Technologies, Inc. (“Silvus”) has been acquired by The Jordan Company. Silvus develops and manufactures mobile communications datalinks (branded StreamCaster) that are reshaping traditional broadband wireless connectivity. Primarily used in law enforcement, unmanned systems, tactical and other commercial/industrial applications, Silvus’ StreamCaster radios and their proprietary waveform overcome traditional network challenges […]
Horstman Group has been acquired by RENK
Horstman Holdings has been acquired by RENK AG. Horstman is a leading solutions provider in the global armor and tracked vehicle mobility markets. As the world’s largest independent supplier of military vehicle suspension systems, Horstman is on the leading edge of both passive and active vehicle suspension […]
ARC Technologies has been acquired by Hexcel
ARC Technologies, Inc., a leading designer and manufacturer of custom RF / EMI and microwave absorbing composite materials for defense, aerospace and industrial applications, has been acquired by Hexcel Corporation (NYSE:HXL). ARC Technologies has a wide range of capabilities for producing RF / EMI and microwave absorbing materials and specializes […]
Agile Magnetics has been acquired by Standex
Regional Mfg. Specialists, Inc., d/b/a Agile Magnetics (“Agile”), a leading designer and manufacturer of high reliability custom magnetics, has been acquired by Standex International Corporation (NYSE: SXI, “Standex”). Agile was a portfolio company of Coppermine Capital and Sage Peak Capital.
Headquartered in Concord, New Hampshire, Agile Magnetics manufactures high reliability magnetic […]
PB&W Attending NBAA Business Aviation Convention & Exhibition, Oct. 16-18, 2018
PB&W will be attending the NBAA (“National Business Aviation Association”) Business Aviation Convention and Exhibition (“BACE”). NBAA-BACE is the world’s largest business aviation industry event and will feature over 1,100 exhibitors and 100 aircraft on display. The conference will be held at the Orange County Convention Center and Orlando […]
Orbital Systems and Quorum Communications have been acquired by CPI
Related companies Orbital Systems, Ltd. and Quorum Communications, Inc., leaders in the design and manufacture of ground-based full-motion antenna products for communications applications, have been acquired by Communications & Power Industries (“CPI”).
Headquartered in Irving, Texas, Orbital Systems is a global leader in the design and manufacturing of ground station antenna […]
PB&W attending the Association of the United States Army (“AUSA”) Annual Meeting & Expo, Oct. 8-10, Washington D.C.
Ted Werner and Nick Berry, Managing Directors at PB&W, will be attending the Association of the United States Army (“AUSA”) 2018 Annual Meeting and Exposition. The AUSA Annual Meeting is one of the largest land warfare expositions in the world, with over 700 industry and military exhibits and over 30,000 […]
Bittware has been acquired by Molex
Bittware, Inc., a global leading provider of computing systems featuring field-programmable gate arrays (“FPGAs”) deployed in data center compute and network packet processing applications, has been acquired by Molex, LLC, a subsidiary company of Koch Industries.
Headquartered in Concord, New Hampshire, BittWare provides solutions based on FPGA technology from Intel and […]
Behind The Deal With Roynat Equity Partners
Roynat Equity Partners acquired its equity stake in SKYTRAC in 2012 in support of a management buyout.
SKYTRAC is Kelowna, British Columbia-based developer and manufacturer of full-service data-driven business solutions […]
SkyTrac has been acquired by Drew Marine
SkyTrac Systems Ltd. (“SkyTrac”), a leading provider of data-driven solutions and data acquisition systems for the global aviation industry, has been acquired by Drew Marine UK Holdings Ltd. (“Drew Marine”). SkyTrac is a portfolio company of Roynat Capital, the private equity group of Scotia Bank, and Drew Marine is a […]
Transaction Announcement: AeroAntenna Technology has been acquired by HEICO
AeroAntenna Technology, Inc. (“AeroAntenna”), a leader in the design and production of high performance active antenna systems, has been acquired by HEICO Corporation (NYSE: HEI.A and HEI). Headquartered in Chatsworth, California, AeroAntenna manufacturers antenna systems for critical defense applications, precision guided munitions, commercial aircraft, ground vehicles and other commercial uses. […]
PB&W attending the Association of the United States Army (“AUSA”) Annual Meeting & Expo, Oct. 9-11, Washington D.C.
Ted Werner and Nick Berry, Managing Directors at PB&W, will be attending the Association of the United States Army (“AUSA”) 2017 Annual Meeting and Exposition. The AUSA Annual Meeting is one of the largest land warfare expositions in the world, with over 700 industry and military exhibits and over 26,000 […]
Transaction Announcement: Adaptive Methods has been acquired by L3 Technologies
Adaptive Methods, Inc., a leading Undersea Warfare (“USW”) systems engineering company, was acquired by L3 Technologies, Inc. (NYSE: LLL). Based in Centreville, Virginia, Adaptive Methods delivers USW and Anti-Submarine Warfare (“ASW”) capabilities for U.S. military customers. It is also developing autonomy and sensor payload solutions for use by Unmanned Undersea […]
