Tag Archives: M&A Activity

Private Equity Firm, Media Vet Buy Controlling Stake in Government Executive Media Group

private-equity-firm-media-vet-buy-controlling-stake-in-government-executive-media-group

Private equity firm Growth Catalyst Partners and Peter Goldstone, former CEO of real estate media firm Hanley Wood, have teamed up to acquire a significant stake in Atlantic Media’s Government Executive Media Group and establish a data-driven platform focused on serving federal, local and state government contractors and executives.

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Rocket Lab Makes Space Tech Market Push With Sinclair Interplanetary Acquisition

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Small satellite manufacturing and launch services provider Rocket Lab has agreed to acquire Toronto-based satellite hardware maker Sinclair Interplanetary for an undisclosed sum. Long Beach, Calif.-based Rocket Lab said Monday it seeks to provide Sinclair access to manufacturing and technology platforms and incorporate the latter company's products into the Photon spacecraft line.

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SAIC’s Unisys Federal Buy Inches Closer to Completion as Waiting Period Under Antitrust Law Ends

The required waiting period for Science Applications International Corp.’s (NYSE: SAIC) proposed acquisition of the federal arm of Unisys (NYSE: UIS) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired Thursday, March 12, the companies said in a joint release published Friday.

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Tony Frazier Offers Update on Maxar’s WorldView Legion Satellite Constellation

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Tony Frazier, executive vice president of global field operations at Maxar Technologies (NYSE: MAXR) and a four-time Wash100 award winner, said the company is “investing heavily” in its next-generation satellite constellation designed to collect satellite imagery, Inside Defense reported Thursday. "We are through the bulk of the build of what we're calling our WorldView Legion," Frazier told the publication in an interview.

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UTC Board OKs Carrier, Otis Spinoffs; Greg Hayes Quoted

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The board of directors of United Technologies Corp. (NYSE: UTX) approved the spinoffs of its Carrier and Otis subsidiaries into two independent companies and expects to complete the separations on April 3. "Executing the separations of Carrier and Otis is also a major milestone to completing the merger of UTC's aerospace businesses with Raytheon to create Raytheon Technologies,” Greg Hayes, chairman and CEO of UTC, said in a statement published Wedneday.

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Veritas Capital Strikes $5B Cash Deal for DXC’s State & Local Health Business; Ramzi Musallam Quoted

Veritas Capital has agreed to buy DXC Technology’s (NYSE: DXC) U.S. state and local health and human services business for $5B in cash. The transaction is expected to be completed by December, subject to regulatory approvals, receipt of third-party consents and other customary closing conditions, DXC said Tuesday.

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