Transactions

April 20 2026

KippsDeSanto & Co. advises Alereon, Inc. on its sale to Acron Technologies, a portfolio company of The Jordan Company, L.P.

KippsDeSanto & Co. is pleased to announce that its client, Alereon, Inc. (“Alereon” or the “Company”), has been acquired by Acron Technologies (“Acron”), a portfolio company of The Jordan Company, L.P. (“TJC”).

Alereon is a fabless semiconductor company that designs and manufactures high data-rate ultrawideband (“UWB”) solutions for the defense electronics market. Alereon's NIST and NSA-certified modules offer low latency and real-time data transfer, integrating into numerous operations and products across all branches of the Department of War. Alereon is the official provider of the U.S. government's Intra-Soldier Wireless (“ISW”) solution.

The Company designs and engineers high-performance chipsets, which deliver high-speed wireless connectivity, low probability of intercept / low probability of detection (“LPI / LPD”), and precise ranging for tactical environments. Alereon’s product portfolio includes chipsets, modules, antennas, Software Development Kits (“SDK”), emulators, as well as value-add custom software solutions, all of which are developed in-house to meet stringent DoW, NSA, and NIST requirements. Alereon’s NIST and NSA-certified modules facilitate rapid integration into mission-critical applications, while its commercial solutions are increasingly recognized as the international standard for reliable, short-range video. Equipped with superior anti-jamming technology, these modules ensure secure, uncompromised performance and resiliency in even the most challenging environments.

We believe this transaction highlights several key trends in the defense technology M&A market:

- M&A appetite for differentiated technologies that enable next-generation systems  

- Strong value placed on embedded positioning on multiple Programs of Record  -      (“PoR”) boasting significant visibility 

- Persistent demand for companies with long-term, embedded customer relationships and technical talent that provide a competitive advantage across the defense and tactical communication communities

About KippsDeSanto & Co. 

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on over 250 industry transactions since 2008, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.

KippsDeSanto & Co. is pleased to announce that its client, Alereon, Inc. (“Alereon” or the “Company”), has been acquired by Acron Technologies (“Acron”), a portfolio company of The Jordan Company, L.P. (“TJC”).

Alereon is a fabless semiconductor company that designs and manufactures high data-rate ultrawideband (“UWB”) solutions for the defense electronics market. Alereon's NIST and NSA-certified modules offer low latency and real-time data transfer, integrating into numerous operations and products across all branches of the Department of War. Alereon is the official provider of the U.S. government's Intra-Soldier Wireless (“ISW”) solution.

The Company designs and engineers high-performance chipsets, which deliver high-speed wireless connectivity, low probability of intercept / low probability of detection (“LPI / LPD”), and precise ranging for tactical environments. Alereon’s product portfolio includes chipsets, modules, antennas, Software Development Kits (“SDK”), emulators, as well as value-add custom software solutions, all of which are developed in-house to meet stringent DoW, NSA, and NIST requirements. Alereon’s NIST and NSA-certified modules facilitate rapid integration into mission-critical applications, while its commercial solutions are increasingly recognized as the international standard for reliable, short-range video. Equipped with superior anti-jamming technology, these modules ensure secure, uncompromised performance and resiliency in even the most challenging environments.

We believe this transaction highlights several key trends in the defense technology M&A market:

- M&A appetite for differentiated technologies that enable next-generation systems  

- Strong value placed on embedded positioning on multiple Programs of Record  -      (“PoR”) boasting significant visibility 

- Persistent demand for companies with long-term, embedded customer relationships and technical talent that provide a competitive advantage across the defense and tactical communication communities

About KippsDeSanto & Co. 

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on over 250 industry transactions since 2008, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.