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Tag Archives: Acquisition

David Adams: Curtiss-Wright Looks to Expand Nuclear Manufacturing and Test Operations Through New Acquisition

Curtiss-Wright (NYSE: CW) has acquired nuclear utility equipment supplier Nuclear Power Services Inc. for approximately $8 million in cash. NPSI runs a facility in Canada that makes replacement products, aftermarket parts and testing services to reactor operators globally, Curtiss-Wright said Tuesday. “The acquisition of NPSI expands our nuclear manufacturing and …

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Veritas Capital Closes $383M Anaren Buy; Hugh Evans, Larry Sala Comment

An affiliate of private equity investment firm Veritas Capital Fund IV LP has completed its acquisition of Anaren Inc. (NASDAQ: ANEN) for nearly $383 million. Veritas Capital will pay Anaren stockholders $28 per share in cash and Anaren’s common stock will be removed from the NASDAQ stock market under the …

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Hexagon Buys Multicopter Systems Provider Aibotix; Ola Rollén Comments

Hexagon AB (NASDAQ: OMX) has bought intelligent aerial multicopter systems developer Aibotix for an undisclosed amount. Kassel, Germany-based Aibotix has been integrated into Hexagon’s photogrammetric and mapping technologies business, Hexagon said Tuesday. “The growing number of applications for UAV-based solutions offers huge growth potential, especially in areas that require frequent …

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Harald Wilhelm: Airbus Aims for Salzburg Munchen Bank Buy to Form Company Bank

Airbus Group has moved to expand its financing options by agreeing to buy Salzburg Munchen Bank AG from Raiffeisenverband Salzburg. The Munich-based bank will be renamed Airbus Group Bank once the transaction is completed and the new Airbus subsidiary will provide financial services to the aeronautics and defense company, Airbus …

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Chip Mitchell: Jacobs Targets Oil, Gas Sector Growth Through Eagleton Engineering Buy

Jacobs Engineering Group has moved to bolster its engineering, design and field surveying offerings by acquiring Eagleton Engineering LLC for an undisclosed amount. Houston-based Eagleton was founded in 1965 and offers professional services to the energy and petrochemical sectors, Jacobs announced Tuesday. Chip Mitchell, a Jacobs group vice president, said the company …

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Sapient Buys Federal IT Services Provider OnPoint; Allan Herrick Comments

Sapient (NASDAQ: SAPE) has acquired OnPoint Consulting for an undisclosed sum as part of Sapient’s efforts to bolster its presence in the public sector technology services market. Arlington, Va.-based OnPoint has a 150-employee workforce that helps federal agencies develop, protect and run information technology platforms, Sapient said. Sapient hopes to …

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Allegheny Technologies Acquires Dynamic Flowform; Rich Harshman Comments

Allegheny Technologies Inc. (NYSE: ATI) has moved to grow its presence in the aerospace and energy markets by acquiring Dynamic Flowform Corp. for an undisclosed amount. Billerica, Mass.-based Dynamic Flowform manufactures components in net or near-net shapes of lloy systems using a precision flowforming process, ATI said Monday. Rich Harshman, …

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ICF Subsidiary Acquires Communications Firm Mostra SA

ICF International (NASDAQ: ICFI) subsidiary GHK Consulting Ltd. has acquired Brussels, Belgium-based communications provider Mostra SA for an undisclosed amount. Mostra’s communications services will be integrated into ICF’s offerings as the Fairfax, Va.-based consulting company aims to extend its advisory services for European customers, ICF said Friday. Squire Sanders and goetzpartners …

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Michael Braun: SGI Eyes “Broader Platform” with Pick Up of Weapons Training Firm AWTI

SGI Global LLC has purchased Advanced Weapons Training International LLC for an undisclosed amount. The acquisition is intended to grow SGI’s risk assessment and personnel recovery support offerings in the military, law enforcement and commercial training markets, SGI said Thursday. SGI Managing Partner Michael Braun added that his company looked to strengthen its …

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