Tag Archives: M&A Activity

KippsDeSanto Report: Aerospace, Defense M&A Momentum to Continue in 2019

Eighty percent of 222 dealmakers who responded to a KippsDeSanto & Co. survey expect merger-and-acquisition activity in the aerospace, defense and government services markets to increase this year or remain the same as last year. KippsDeSanto said Tuesday more than 60 percent of 2019 M&A Survey respondents were executive-level corporate or strategic buyers and …

Read More »

Woolpert Eyes Military Architecture Portfolio Expansion Through Waller, Todd & Sadler Buy

Woolpert has bought Virginia Beach, Va.-based Waller, Todd & Sadler Architects for an undisclosed sum in a move to expand architecture projects with military clients. Waller, Todd & Sadler has worked with armed forces, municipalities, commercial organizations and educational institutions in more than 2K projects to date, Woolpert said Tuesday. Scott Cattran, president and …

Read More »

Parsons Buys OGSystems to Add Geospatial Intell Expertise

Parsons has purchased Chantilly, Va.-based technology services contractor OGSystems for an undisclosed sum in a move to deepen expertise in geospatial intelligence and big data analytics. Chuck Harrington, chairman and CEO of Parsons, said in a statement released Monday the company’s strategy is focused on disruptive technology platforms built to …

Read More »

Kellstrom Defense Buys Military Aircraft Parts Maker WAM

Kellstrom Defense Aerospace has acquired Williams Aerospace and Manufacturing for an undisclosed sum in a push to address a demand for spare parts services in the global military aircraft operator community. KDA said Monday its engineered products operating segment will incorporate WAM’s manufacturing processes and the combined company expects to generate more than $160M in …

Read More »

TSC Adopts ‘ADS Federal’ Name Following Acquisition

Technical Services Corp. has purchased Virginia-based Accelerated Development & Support and rebranded as ADS Federal as a result of the acquisition. ADS Federal Angel Diaz said in a statement published Monday the combined firm will leverage ADS’ experience supporting the Department of Defense and identify critical requirements in support of clients’ missions. …

Read More »

Cloudera Closes Merger With Hortonworks; Tom Reilly Quoted

Cloudera (NYSE: CLDR) and Hortonworks have completed their merger to offer an enterprise data cloud platform designed to help organizations carry out data analytics and machine learning functions in hybrid and multicloud environments. Cloudera CEO Tom Reilly said in a statement published Thursday the combined entity will deliver a set of platforms to …

Read More »

Carlyle Group to Buy StandardAero From Veritas Capital; Ramzi Musallam Quoted

The Carlyle Group (Nasdaq: CG) has agreed to purchase StandardAero from Veritas Capital for an undisclosed sum. The Washington, D.C.-based private equity firm said Tuesday it expects to close the deal by the end of the first quarter of calendar year 2019, pending regulatory approvals and other customary closing conditions. …

Read More »

Planet Eyes Gov’t Market Footprint Growth Through Boundless Acquisition

Imaging satellite operator Planet has agreed to buy geospatial data management software vendor Boundless Spatial for an undisclosed sum to expand the former’s business in the public sector and commercial agriculture markets. San Francisco-based Planet said Tuesday it aims to increase utilization of its imagery products in the government sector by leveraging Boundless’ technology platforms and services. …

Read More »

Report: Carlyle Group Close to Sealing StandardAero Acquisition Deal

The Carlyle Group (Nasdaq: CG) is close to finalizing a deal worth more than $5B to buy StandardAero from Veritas Capital, Reuters reported Tuesday. Scottsdale, Ariz.-based StandardAero offers aviation maintenance, repair and overhaul support services to clients in military, general aviation and commercial sectors. Sources told Reuters the transaction could be disclosed …

Read More »

Cerberus to Acquire Sparton; Tarek Ajouz Quoted

New York-based private equity firm Cerberus Capital Management has agreed to pay $18.50 in cash for each outstanding share of Sparton’s (NYSE: SPA) common stock. Sparton said Wednesday its board of directors cleared the transaction, which is expected to conclude in the first quarter of calendar year 2019. Tarek Ajouz, a managing director …

Read More »