Tag Archives: M&A Activity

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.

NortonLifeLock (Nasdaq: NLOK) has announced the appointment of key leaders following its launch as an independent publicly traded consumer cyber safety company as a result of Broadcom’s (Nasdaq: AVGO) $10.7B acquisition of Symantec’s enterprise security assets. Vincent Pilette, a more than 20-year financial management executive, has been named CEO of NortonLifeLock, the company said Thursday.

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.

Broadcom (Nasdaq: AVGO) has wrapped up its acquisition of Symantec’s (Nasdaq: SYMC) enterprise security assets for approximately $10.7B.

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.

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.

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector was $11.1B in the third quarter of 2019 and the total deal value for year-to-date 2019 was $80.3B, increasing by 2.8x when compared with YTD 2018.

CACI International (NYSE: CACI) completed the acquisition of three companies in October for approximately $105M as part of efforts to expand its strategic capabilities in technology and mission areas.

Advent International has secured regulatory approval in the U.S., European Union and Finland for the Boston-based private equity firm's proposed $5B acquisition of U.K.-based aerospace and defense technology supplier Cobham, Reuters reported Tuesday.

Virgin Galactic and Social Capital Hedosophia are set to close the two firms' merger deal Friday and launch the first publicly traded space tourism company, CNBC reported Thursday. The report said Virgin Galactic could start to trade on the New York Stock Exchange by Monday under the ticker symbol "SPCE."