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. Read More...
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 and data acquisition boards, recording [...]
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. Read More...
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, Sacramento, CA, and Reno, [...]
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. Read More...
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. Read More...
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 subsidiary of Kongsberg Gruppen ASA [...]
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. Read More...
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. Read more...]
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 [...]