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, 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.
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 passion for the Aerospace and Defense industries and comes to PB&W with valuable industry experience from multiple internships including PB&W and three rotations at HondaJet. During his undergraduate career, Jake served as a research assistant for the U.S. Air Force, performing research on smart materials for flexible wing structures, and was a member of the American Institute of Aeronautics and Astronautics (“AIAA”).
Jake will be an integral part of the investment banking team, performing financial analysis, industry research and supporting PB&W merger and acquisition teams in all aspects of the transaction process.
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 and facilitate data communication in harsh environments, without the need for fixed infrastructure.
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 technology and is well known for its hydraulic and hydropneumatic suspension systems and complimentary high integrity engineering.
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 in combining absorptive metallic filler compounds, including carbon, iron and nickel-coated graphite, with a proprietary blend of polymer resins to generate various matrix materials including structural composites and thermoplastics.
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 components such as custom transformers, specialized inductors and tailor-made electromagnetic coils. The Company’s products are primarily purposed for mission and process critical power supply and conversion applications where the customer has high reliability, survivability and longevity requirements. The Company’s customers are predominantly OEM equipment manufacturers in the semiconductor, industrial, defense, medical, commercial and electronics industries.
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 Executive Airport in Orlando, Florida from October 16th through the 18th, 2018.
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 systems used for Telemetry, Tracking and Control (TT&C), Earth Observation Satellite Direct Broadcast (EOS DB) reception, RADAR, Search & Rescue (SARSAT), and custom tracking applications. Orbital Systems offers antenna positioners and integrated RF subsystems in Ka-, X-, S-, and L- bands with single or multi-band feeds, upconverters, downconverters, HPAs, and control systems.
Also headquartered in Irving, Texas, Quorum Communications provides solutions to the satellite remote sensing market and equipment used to receive and process satellite data such as microwave receivers, demodulators, downconverters and feeds.
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 attendees.
The conference will be held on October 8th through the 10th, 2018, in Washington D.C. at the Walter E. Washington Convention Center.