Tag Archives: MDP

Madison Dearborn Partners and CoVant Management have signed an agreement to purchase AEVEX Aerospace, a provider of airborne intelligence, surveillance and reconnaissance systems, for an undisclosed sum. The transaction is expected to be finalized by the end of the first quarter of 2020, subject to customary closing conditions, the companies said in a joint release published Monday.

CoVant Management and Madison Dearborn Partners have purchased Los Angeles-based space systems technology platforms provider LinQuest for an undisclosed sum. LinQuest CEO Leon Biederman will continue to oversee the company and maintain “a significant minority ownership position” in the firm along with other members of the management team, CoVant said Tuesday. Biederman …