M&A Transactions
AAR Corp. (NYSE: AIR) has agreed to acquire a 65% stake in MRO Holdings, Inc., a provider of aircraft maintenance, repair, and overhaul (“MRO”) for commercial aerospace markets. The transaction reflects an implied enterprise value of $4.0 billion.
Bold Eagle Acquisition (NASDAQ: BEAG) has agreed to acquire REDLattice Incorporated, a portfolio company of AE Industrial Partners, and a provider of cyber intelligence and digital access solutions for U.S. federal government, military, intelligence, and law enforcement agencies. The transaction is currently valued at $1.25 billion.
Greenbriar Equity Group, L.P. has agreed to acquire Spectrum Control Inc., a portfolio company of AEA Investors, LP, a provider of reliable, high-performance technologies for powering and conditioning RF and microwave signals for aerospace, defense, and commercial end markets. Terms of the transaction were not disclosed.
Ignium LLC has acquired Action Manufacturing Company, a provider of fuzes, safe and arm devices, ordnance electronics, and energetic components for defense and other commercial markets. Terms of the transaction were not disclosed. KippsDeSanto served as the exclusive sell-side financial advisor to Action Manufacturing Company.
Optikos, LLC, a portfolio company of Artemis Capital Partners, has acquired Omega Optical, also a portfolio company of Artemis Capital Partners, a provider of precision optical coatings and components for aerospace, defense, and other end markets. Terms of the transaction were not disclosed.
SisTech Manufacturing, LLC, a portfolio company of LFM Capital, has acquired Alta Data Technologies, LLC, a provider of off-the-shelf electronic products for defense and commercial aerospace end markets. Terms of the transaction were not disclosed.
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