The U.K. government is likely to approve a deal for Advent International to acquire aerospace and defense contractor Cobham after the Boston-based private equity firm proposed several measures to address potential national security risks from the combination, Reuters reported Tuesday.
Read More »NV5 Global Strikes $303M Deal for Arlington’s Quantum Spatial; Peter Manos Quoted
NV5 Global (Nasdaq: NVEE) has agreed to acquire geospatial data firm Quantum Spatial from Arlington Capital Partners for $303M.
Read More »Apollo Global Strikes $5.4B Deal for Tech Data; Rich Hume Quoted
Funds managed by alternative investment manager Apollo Global Management’s (NYSE: APO) affiliates have agreed to acquire information technology distribution company Tech Data (Nasdaq: TECD) for approximately $5.4B, or $130 in cash per share.
Read More »Leonardo Invests in Skydweller to Drive Unmanned Aircraft Tech Dev’t; Alessandro Profumo Quoted
Leonardo has made an investment in unmanned aircraft technology startup Skydweller Aero in a move to accelerate the deployment of the latter’s solar-powered drone platform.
Read More »Advance Acquires Minority Stake in RF Data Analytics Firm HawkEye 360
Advance, a family-owned business that invests in technology, communications and media companies, has completed its purchase of Allied Minds’ minority stake in HawkEye 360.
Read More »Cadence Acquires Engine Components Maker B&E; Peter Manos Quoted
Cadence Aerospace, a portfolio company of Arlington Capital Partners, has acquired Southwick, Mass.-based defense and aerospace engine components manufacturer B&E from MPE Partners for an undisclosed sum.
Read More »LinQuest Closes Purchase of Data Analytics Firm Perduco
Los Angeles-based space systems technology firm LinQuest has closed its acquisition of data analytics provider The Perduco Group in a push to advance its strategic growth plan and expand the delivery of artificial intelligence, mission planning, decision analytics and machine learning capabilities to intelligence community and military clients.
Read More »Broadcom Closes $10.7B Buy of Symantec’s Enterprise Security Assets; Rick Hill, Hock Tan Quoted
Broadcom (Nasdaq: AVGO) has wrapped up its acquisition of Symantec’s (Nasdaq: SYMC) enterprise security assets for approximately $10.7B.
Read More »LMI Buys Analytics Software Maker Clockwork Solutions; David Zolet Quoted
LMI has acquired software company Clockwork Solutions for an undisclosed sum as the Tyson, Va.-based nonprofit consulting firm aims to grow its analytics portfolio and further invest in asset management platforms. “We're especially excited to grow our footprint in Austin, Texas, getting closer to both our critical customers and the vibrant innovation ecosystem there," noted David Zolet, president and CEO of LMI and a 2019 Wash100 awardee.
Read More »PAE to Merge With Gores Holdings III; John Heller Quoted
PAE, a portfolio company of investment firm Platinum Equity, has agreed to merge with special purpose acquisition company Gores Holdings III (Nasdaq: GRSH) in a push to advance its strategic plan and growth efforts.
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